After a boring week where markets mostly where in a correction we might have action in the upcoming week. In EURUSD we should wait for price to break below the uptrend which supports the corrective structure and watch for a sell setup after the breakout. I will update this post if we have the breakout.
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sorry but that is not going to happen ...EU just have got support and is going up for months I will be happy if it come down 20 pips
SAID
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It already break the daily law, it certainly go down till 1.080 then we will see if it
Go up or more down .
Staticme12
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It closed out right at the support point.I was looking at this same analysis and conclude the same bearish activity on market open. But believe it could be up trending soon there after.