EURUSD Feb 24 to Feb 28 Outlook

By News Robot

Lawrence’s Comment

Recap
Previous week close acted as support all week making the consolidation higher than usual. Closed the week above Y+1 and midpoint.

Outlook
An up channel has developed. A break above B+1 will give us channel top which is quite far above near B+3.

As long as that has not happened yet, there is a good chance for Y-0 to be tagged again.

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