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As Featured In
EURUSD Jun 10 to Jun 14 Outlook
Lawrence’s Comment
Y-0 held as support, zoomed higher at the end of the week to Y+2 and above as expected. Closed the week above Y+2 and midpoint.
Outlook
The last part of the rally is pure stop run thus the pre-breakout price of B-0 will likely be retested.
Euro is not in a long term rally setup, it is more like a trading range in weekly thus upside is limited. Looking for sudden reversal to take it back down to B-1 once the excessive bearish sentiment is washed.
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