EURUSD Feb 15 to Feb 19 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidation play all week around Y+1. Upside momentum carried Euro higher in an up channel. Closed the week near Y+1 and midpoint.

Outlook
B+1 / B+2 strong resistance zone off the weekly chart. Breaking below B-0 / Y+1 points to retest of Y-0 and below the crime scene of short squeeze.

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