Downside move next week for the EURUSD?

FX:EURUSD   欧元/美元
309 2
The EURUSD finally reached an interesting point on Friday EOB.
Price broke the bullish trendline but did not follow through. Price ended the trading week with a close just below the trendline and with a bearish Pinbar on the 15-minute chart.
Next week will be interesting to see if the EUR can continue its bullish movement or if this is a lasting break of the trendline .

The fundamentals are on the side for the US dollar , with strong economic data for the last 5-6 months! The European situation, in contrast, is chaotic with political uncertainty with the major political parties in Germany and still high unemployment in the southern European countries.
交易开始: Looks like it will hold the trendline. Entered EURUSD @ 1.22711, with a tight stop loss below last major low.
We will see if this trendline holds or if the bears turn things around this time.
评论: First soft target will be around 1,236 (50% retracement of down movement to trendline).
交易结束:到达止损: Trailing Stoploss hit and exited for a nice profit! Lets see how EURUSD will move next.
评论: Exit was at 1,23405. Nice profit over the entry at 1,27711.
ye, I mostly think it's the rally of the US dollar, but there has been some weird moves in the US stock market as well. it's been quite a shift in the trend this last week at least, next week will indeed be interesting!
Boernerer granitehandchinkys
@granitehandchinkys, absolutely true. At the moment it looks like the US dollar is too weak to break the uptrend against the euro. Will be an interesting week and month :)
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