Lawrence's Comment
Recap
Quick fall early in the week due to news shock. Then struggled to hold and failed to go above Y-0. Closed the week above Y-0 but below ...
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EURUSD Jul 11 to Jul 15 Outlook
Lawrence’s Comment
Y-0 never acted as support at all as news shock has created wild swings around Y-0. Closed the week close to B-1.
Outlook
Still looking for bullish continuation once B-0 is traded thru from below.
If B-1 fails to hold up Euro, we will get Y-1 quickly with B-2 as the next downside target.
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