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As Featured In
EURUSD Sep 05 to Sep 09 Outlook
Lawrence’s Comment
False breakout to the upside first. Confirmed failure points to selloff to original tight range bottom at around Y-2. Downside breakout of the tight range after tagging Y-2. Closed the week at the low.
Outlook
As long as the pair stays below Y-2, the downside breakout is intact and points to Y-4 to Y-5 as target.
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