EURUSD Aug 27 to Aug 31 Outlook

By News Robot

Lawrence’s Comment

Recap
Breakout to the upside. Tagged Y+3 target and then Y+4 stopped the run. Closed the week near Y+3.

Outlook
Euro back to longer term resistance area. If Euro failed to hold above Y+1 early next week, looking for significant selloff pushing it down to below Y-1.

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