Trading Edges That Last
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As Featured In
EURUSD Jan 11 to Jan 15 Outlook
Lawrence’s Comment
Euro sold off from Y-0 resistance zone as expected. Y-3 downside target tagged and led to a strong bounce back up. Closed the week near Y-0 and week high.
Outlook
Euro bounced due to sell off in worldwide stock markets. This effect has limited upside potential. Y-1 / B-0 support points to test of Y+1 likely.
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