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EURUSD Oct 19 to Oct 23 Outlook
Lawrence’s Comment
Euro held support mentioned last week and rallied to normal Y+2 upside target. Strong reaction against Y+2 gave us a drop back down to Y+1. Closed the week below Y+1 and near week low.
Outlook
Spike reversal points to more downside from here. Bear flag is now broken with Y+1 / B-0 strong resistance for a drop back down to B-2 and below.
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