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Lawrence's Comment
Recap
Euro consolidated around Y-1 and then flushed lower. Y-2 target tagged and bounced back up to week mid and failed to push higher. Closed the week below Y-1 and ...
EURUSD Breaking Down
The failure of euro to hold above the previous year close is now proven to be very bearish.
1.30 is a critical price zone that euro must defend as there is not much support underneath until 1.28 or lower.
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