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Jun
16

EURUSD Jun 18 to Jun 22 Outlook

By News Robot on 2012 Jun 16 Sat 7:05:35
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Lawrence’s Comment

Recap
Intervention at its finest – by rumors. No one even dare to touch euro in 2nd half of the week allowing it to drift higher all the way. Closed the week at Y+1.

Outlook
No outlook. Cannot predict how people will react to uncertainty. In this case, if volatility increases, then B+2 and B-2 are both in the radar.

I will not touch this pair until after I get the first 2 swings next week. From there the outlook should be more readable.

Categories : Daily Commentary
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