Trading Edges That Last
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EURUSD Aug 27 to Aug 31 Outlook
Lawrence’s Comment
Breakout to the upside. Tagged Y+3 target and then Y+4 stopped the run. Closed the week near Y+3.
Outlook
Euro back to longer term resistance area. If Euro failed to hold above Y+1 early next week, looking for significant selloff pushing it down to below Y-1.
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