Trading Edges That Last
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As Featured In
EURUSD Feb 25 to Mar 01 Outlook
Lawrence’s Comment
Euro refused to go lower in the beginning of the week and challenged Y-0. Failed to clear Y-0, euro started its move to go down to the 1.32 long term support zone. Cleared Y-2 and stuck there since. Closed the week below Y-2 and near week low.
Outlook
Finally at the long term support zone. Focus now is to see if euro will build a nice bottom here at B-1 / Y-3. If so swing target to the upside is at least B+1.
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