EURUSD Feb 11 to Feb 15 Outlook

By News Robot

Lawrence’s Comment

Formed a top right within the expected zone as mentioned last week and got the significant pullback I was looking for. Closed the week below Y-1 and at week low.

This pullback is reaction to the 2nd long term up swing in euro. A more complex drop from here will bring euro back down to the long term support zone as mentioned in my newsletter.

For next week, as long as B-0 is acting as resistance, more downside is expected.


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