EURUSD Oct 15 to Oct 19 Outlook

By News Robot

Lawrence’s Comment

Recap
Negative news since the start of the week sent euro back down to near Y-1. Then b.s. rumors hit mid-week sending euro back up. Closed the week above midpoint.

Outlook
Inside week. Midpoint in same area several weeks in a row now. That means some kind of equilibrium is reached. Until Euro can move out of this range (1.28 to 1.31), it will be micro swings within this range.

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