EURUSD Nov 04 to Nov 08 Outlook

By News Robot

Lawrence’s Comment

Recap
Euro broke below Y-0 and gave us Y-2 as expected. Nice surprise that it dropped straight down to Y-3. Closed the week near week low and around Y-3.

Outlook
Weekly reversal in place. B-0 has to act as resistance for the down trend to be intact. More downside is expected.

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