EURUSD Oct 03 to Oct 07 Outlook

By News Robot

Lawrence’s Comment

Recap
FBO against Y+1 gave us Y-0 and the next support below. Closed the week above Y-0 and midpoint.

Outlook
Non-stop intervention by ECB and other central banks, Euro has been wasting all its fuel to hold up in the current level. Once a breakdown below 1.10 started, it will be very difficult to stop until Euro going down to below 1.0.

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