EURUSD Jan 18 to Jan 22 Outlook

By News Robot

Lawrence’s Comment

Recap
Euro support at Y-0 and test of upside resistance as expected. Failed to clear the zone and stalled since. Closed the week above Y+0 and near midpoint.

Outlook
Support at B-0 can give Euro another push higher. Resistance at Y+1 capping the upside and resulting in a break of B-0 will give us continuation of the down trend with B-1 and B-2 targets below.

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