EURUSD Apr 13 to Apr 17 Outlook

By News Robot

Lawrence’s Comment

Recap
Test of Y+1 led to clean drop to below Y-0 triggering Y-1 target. Y-0 acted as resistance since giving us Y-1 quickly and Y-2 eventually. Closed the week below Y-1 and near week low.

Outlook
Weekly down trend resumed. Y-1 / B-0 strong resistance. Next stop below will be below 1.04.

Share

  • You must be logged in to comment. Log in