Week ahead – EURUSD

EURUSD has produced a 140pips range during the last week moving nowhere as expected. The pair is moving flat creating a higher lows on H1’s and lower highs on H4’s. I am still bullish as long as we can keep closing above 1.30’s. Moving ahead the pivotal support level is at 2970’s and as long as we can keep attacking the 3070’s I am going to go long with my swings. We are entering into the month of May, where the pair has a tendency to move a bit more, so lets see if seasonals would move this market outside of it’s weekly average range of 150pips.

Risk safely, keep your selfawarness state to maximum and focus on the process.
Have a great trading week.

lechiffre