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EURUSD Feb 16 to Feb 20 Outlook
Lawrence’s Comment
Euro in wait and see mode early part of the week for the outcome from Euro zone meeting. After that euro drifted higher but not by much. Closed the week below Y0 and above midpoint.
Outlook
Tight range week looking for direction. Resistance above confirmed. Until Y+1 / B+2 is cleared, Euro is more likely to drop back down to B-3 to retest the spike low in coming weeks.
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