EURUSD Jul 22 to Jul 26 Outlook

By News Robot

Lawrence’s Comment

Recap
Not an exciting week. Just consolidation within Y-0 and Y+1. Closed the week above midpoint and below Y-1.

Outlook
As expected we got a consolidation week. It is also the seasonal quiet time. Nothing much can be done until the prescribed 1.32 level is tested.

If Euro develops into an Adam and Eve pattern over the coming 1 to 2 weeks, looking for a significant selloff back down to at least 1.28.

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