EURUSD Jan 12 to Jan 16 Outlook

By News Robot

Lawrence’s Comment

Recap
Euro going lower to Y-2 as expected. Failed to clear the gap above gave us the Y-3 target below. Normal range expansion reached. Closed the week below Y-2 and midpoint.

Outlook
B-0 / Y-2 resistance points to retest of B-1. B-1 acting as support will give us a bounce back up to B+1 / Y-1.

Share

  • You must be logged in to comment. Log in