EURUSD Jun 13 to Jun 17 Outlook

By News Robot

Lawrence’s Comment

Recap
First half of the week formed a perfect head and shoulder that has a target breaking the Y-0 support area. That resulted in a drop running towards the Y-1 target. Ended the week with 100% range of previous week.

Outlook
If Y-1 to B-1 forms a bottom, B+1 will be retested.

If that turns into resistance, B-3 is the target.

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