EURUSD Jan 13 to Jan 17 Outlook

By News Robot

Lawrence’s Comment

Recap
All week consolidation at around 50% previous week range. After NFP euro pushed higher back up to near Y-0. Closed the week below Y-0 and above midpoint.

Outlook
No strong directional bias from here.

For more downside we need euro to find resistance at Y-0 and below B+2 to force it lower. Confirmed weaknesses will give us a drop to B-2.

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