Week ahead (26.8 – 1.9.2013) – EURUSD

Last week’s bullish view turned out to be correct and the pair created new higher high. Last week’s range was nothing special and the idea here is still the same. Keep buying pullbacks as long as we are above 1.30. Of course always judge the pullback by the character of price action.  The story for bears hasn’t changed from last week: close below 3250′s would suggest a target of 3200.

Have a great trading week.

lechiffre
“Now” matters most! Your next trade depends on it.