EURUSD – week ahead
EURUSD is still playing in the RANGE zone which I have discussed few times in the last four weeks. With the daily close that heavy we will see at the open two possible scenarios.
1] market will gap down strongly on the open
2] market will rally on the open min. to 2860's and then possibly re-attacks the 2800's
If the 2800's is broken, the next strong barrier I would expect at 2600's. If the decent ACU is created between 2800's and 2850's, I would be willing to go short for a min +3R drive down. Let's see how it unfolds …
Have a great trading week.
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