EURUSD Apr 21 to Apr 25 Outlook

By News Robot

Lawrence’s Comment

Recap
Was looking for resistance at Y+1 going back down to Y-0. We got that and euro was stuck since. Closed the week near Y-0 and below midpoint.

Outlook
Breaking below B-1 decisively implies a drop to B-3 likely.

Euro must hold B-1 and clear B-0 quickly to maintain its bullish uptrend.

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