EURUSD Jul 28 to Aug 01 Outlook

By News Robot

Lawrence’s Comment

Recap
As expected, even after breaking Y-1 euro refused to go lower quickly. slow choppy action down to near Y-2. Closed the week near Y-2 and week low.

Outlook
1.33 target still in play. Bottom picking actions so far can lead to a decisive flush towards 1.33 this week. In turn, a temporary bottom will be put in place.

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