Trading Edges That Last
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EURUSD Feb 24 to Feb 28 Outlook
Lawrence’s Comment
Previous week close acted as support all week making the consolidation higher than usual. Closed the week above Y+1 and midpoint.
Outlook
An up channel has developed. A break above B+1 will give us channel top which is quite far above near B+3.
As long as that has not happened yet, there is a good chance for Y-0 to be tagged again.
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