EURUSD Sep 07 to Sep 11 Outlook

By News Robot

Lawrence’s Comment

Recap
Euro tried to hold Y-1 but failed to clear 1.13 and eventually failed to hold above 1.12. Tight range consolidation. Closed the week near Y-1 and below midpoint.

Outlook
Long term resistance 1.12 and above now confirmed resistance again after the violent FBO 2 weeks ago. B-0 / B+1 zone resistance points to continuation play with B-3 and below target.

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