EURUSD Feb 17 to Feb 21 Outlook

By News Robot

Lawrence’s Comment

Recap
Warned Y-0 is the line in the sand where European officials would defend. Happened like clockwork. Free ride up to almost Y+2. Closed the week above Y+1 and midpoint.

Outlook
Chart pattern is not that bullish. Short squeeze driven price actions over the past 2 weeks simply created temporary run up that has to drop back down to backfill the void zones.

Looking for pullback to B-0 down to B-1 consolidation actions.

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