EURUSD Jan 25 to Jan 29 Outlook

By News Robot

Lawrence’s Comment

Recap
Resistance zone mentioned last week capped Euro upside and the breaking of Y-0 gave us Y-1 downside target as expected. Closed the week near Y-1 and week low.

Outlook
Daily down trend resumes. As long as Y-0 / B-0 resistance can cap any bounce, Y-2 / B-2 is in play.

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