EURUSD Apr 18 to Apr 22 Outlook

By News Robot


Lawrence’s Comment

Recap
The support zone mentioned last week worked out very well. B+1 was taken out quickly as expected too. Consolidation scenario played out like a script.

Outlook
As the support zone was not breached, more upside to B+2 and B+3 is expected.
The more difficult scenario is a grind at B-1 and breaking that slowly. If that happens we will see a difficult ride down to B-2.

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