EURUSD Jul 04 to Jul 08 Outlook

By News Robot

Lawrence’s Comment

Recap
Classic STOPD consolidation behaviour – rejected Y-1 and zoom back to Y+1. The more interesting thing happened was that the week closed above Y+1.

Outlook
The breakout is officially in place. It is going up. As long as any pullback is quick and bounce back up quicker and no lower than B-0, euro is on its way to B+2 and much higher.

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