EURUSD Mar 02 to Mar 06 Outlook

By News Robot

Lawrence’s Comment

Recap
Euro failed to clear Y-0 twice. First time dropped it down to almost Y-1. Second time it collapsed down to Y-2 after more messy news fed out on the crisis in Europe. Closed the week near Y-2 and week low.

Outlook
Tight range break down target is Y-3, Euro has not tagged that yet, so that is in play next week with strong resistance at Y-1 / B-0 zone.

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