Trading Edges That Last
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As Featured In
EURUSD Aug 15 to Aug 19 Outlook
Lawrence’s Comment
Previous week close acted as support leading to a bounce back up to resistance zone mentioned last week. Y-0 acted as support near end of the week helped Euro pushing towards Y+1. Closed the week above Y-0 and midpoint.
Outlook
Inside week points to breakout mode. Euro dropping below Y-0 / B-0 without challenging B+1 points to B-1 and B-2 in play.
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