EURUSD May 26 to May 30 Outlook

By News Robot

Lawrence’s Comment

Recap
Euro made this unusual slow drift back down. 100% absolute range expansion ended the week. Closed the week below Y-1 and near week low.

Outlook
As mentioned last week, the original preferred price range for euro was 1.32 to 1.36. Euro is just hammered down to 1.36 for a wait-and-see game there.

Need to see reaction there to determine if we get an all out drop back into the “allowed range”.

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