EURAUD Week of Dec 6th to Dec 10th Outlook

By Lawrence

Recap of last week

Could not hold the previous bottom and made a new low by end of November. First week of December made yet another new low.

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Next week outlook

Bringing up this chart because something interesting is going on with this pair. If the yellow zone is taken out quickly then November low can turn into an important support zone. If that works out, green zone is the target.

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