EURUSD this week start in downtrend but may end the downtrend in Tuesday or Wednesday. Then World-Signals.com expects to see turn into uptrend. The best trading strategy this week is to open long position on Tuesday or Wednesday at levels close to 1.1710-1.1720. At the end of the week the target is at 1.1850.
The most important event this week is set for Wednesday FOMC Minutes at 18:00 GMT. The rest key events this week are Retail Sales on Tuesday and Euro Zone GDP on Wednesday, CPI and ECB Monetary Policy Meeting Accounts on Thursday.
The most important event this week is set for Wednesday FOMC Minutes at 18:00 GMT. The rest key events this week are Retail Sales on Tuesday and Euro Zone GDP on Wednesday, CPI and ECB Monetary Policy Meeting Accounts on Thursday.
