EURUSD Jul 04 to Jul 08 Outlook

By News Robot

Lawrence’s Comment

Recap
Gapped lower to start the week yet rumors and b.s. from European officials helped Euro to drift higher towards Y-0. Closed the week below Y-0 and above midpoint.

Outlook
Whole Europe is now in panic mode. Any news shock can easily swing Euro 200 pips both ways. Inside week points to breakout play. Upside breakout target B+3 right below very strong resistance 1.14. Downside breakout 1.08 and below is in the card.

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