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EURUSD Oct 05 to Oct 09 Outlook
Lawrence’s Comment
Euro attempted to go lower yet not able to break Y-1. Cleared Y-0 right after yet not able to push higher. Consolidation actions until NFP Friday that led to wild swings both ways. Closed the week near Y-0 and midpoint.
Outlook
Inside week closing near both midpoints points to breakout play. Since 1.13 was rejected decisively twice the odds favour a down side breakout with B-2 and B-3 targets.
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