EURUSD Oct 03 to Oct 07 Outlook

By News Robot

Lawrence’s Comment

Recap
Bounced from Y-1 first but failed to go much higher as euro failed to go much further above Y-0. 3 pushes up ended the rally and by the end of the week euro sold off back down to Y-1.

Outlook
Still looking for Y-2 / B-2 area to be tagged. The stair step selling formation seldom ends in double bottom.

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