EURUSD Apr 22 to Apr 26 Outlook

By News Robot

Lawrence’s Comment

Recap
Euro spiked higher above Y+1, but failed immediately back below Y-0, staging an all out breakdown. Yet, it drifted higher since until midpoint of week was tagged. Closed the week near Y-0 and below midpoint.

Outlook
On track to break B-1 to form a strong swing top that can last for weeks. Once B-1 is breached and that turning into resistance B-3 target is expected.

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