Trading Edges That Last
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EURUSD Nov 02 to Nov 06 Outlook
Lawrence’s Comment
More downside as expected. 50% range bounded the price actions. Closed the week near Y-1 and midpoint.
Outlook
Consolidation around Y-1 points to continuation of current trend likely. So a break of B-1 and moving down to B-2 / Y-2 and below is likely.
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