EURUSD Jun 30 to Jul 04 Outlook

By News Robot

Lawrence’s Comment

Recap
Sideway drift continues with Y-0 acted as support in the beginning of the week which gave us a run to Y+1. Y+1 rejected gave us a move back down to Y-0. Y-0 was rejected again leading to Y+1 retest. Closed the week near Y+1 and week high.

Outlook
Euro in slow up drift channel. A push to B+2 is in the card but not much higher. Should Euro fail to hold above B-0, the up channel will be broken giving us Y-1 as the target.

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