Trading Edges That Last
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EURUSD Jun 29 to Jul 03 Outlook
Lawrence’s Comment
Wait and see mode last week on euro. Strong breakdown move happened after a deal with Greece failed. Closed the week below Y-1 and near week low.
Outlook
As the decision on Greece is not over, euro can easily bounce back up to B-0 / Y-0 to wait for the outcome. A decisive break below B-1 will drop it down to B-2 and B-3.
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