EURUSD Sep 21 to Sep 25 Outlook

By News Robot

Lawrence’s Comment

Recap
Wild swing all week. Y+1 FBO gave us a drop to Y-0. Y-0 support gave us the perfect excuse to run this up to 1.14 target. Y+2 resistance sent euro back down below Y+1. Closed the week above Y-0 and below midpoint.

Outlook
Strong reaction at 1.14 confirms rejection. As long as Y+1 acting as resistance a drop back down to Y-1 is likely.

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