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EURUSD Nov 14 to Nov 18 Outlook
Lawrence’s Comment
Bear flag continuation selloff as expected and tagged our downside target. Yet, Y-1 failed to hold the pair down leading to a bounce back upto B-0.
Outlook
A zoom up above B+1 with B+1 acting as support we get spike low reversal pointing to B+3.
Normally, however, B+1 will act as resistance and force a retest of B-0 downto Y-1 to confirm the potential reversal first.
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