Upcoming week – EURUSD thoughts

Right now the EURUSD is trapped in a range between 2750's and 3050's. From the daily point of view the longer term down trend was broken and the pair looks like it is completing its continuation bullish pattern. The mission i clear, either it breaks higher and attacks 1.35 or breaks lower and attacks the previous low. In this year I do not expect any further move than this. But hey, what do I know :).

 

Just a thought.

 

PS: look for directional entries once those areas are broken