EURUSD Oct 07 to Oct 11 Outlook

Recap
Y-0 never turned into resistance. Euro gapped below that but traded back up above it immediately. Breakout above Y+1 and tagged Y+2. Not quite made it to Y+3 and stalled. Closed the week below Y+1 and midpoint.

Outlook
The upside bias worked out. By end of week, however, the strength in euro has disappeared when cable leading to the downside. A close like this points to short term top likely in place.

This week a retest of B-1 is likely without a retest of B+1.