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EURUSD Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Euro rallied from our support zone as expected. It also failed to go much higher as expected too. Closed the week above Y+1.
Outlook
Last week Euro completed its measured up move and stalled. If it repeats this one more time from B-0 area, its upside target will be right at where it started the sudden drop, that will put Euro into a bearish 3 pushes up formation.
If Euro breaks down below B-0 and that it turns into resistance, B-1 will be tested very quickly.
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