EURUSD Nov 16 to Nov 20 Outlook

By News Robot

Lawrence’s Comment

Recap
Euro spent all week struggling around Y-1. An attempt to push higher was stopped by 50% range. Closed the week below Y-0 and above midpoint.

Outlook
Consolidation week near Y-1 is bearish and B+1 is strong resistance. A continuation move down to B-2 likely as long as Y-0 / B+1 can cap the bounce.

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