I am taking a bearish view for EURUSD for the week. Expecting price to retest 1.3450 region and if the support do not hold, 1.3100 is a possible target in the mid term. Week chart shows possible formation of right shoulder and when the reversal pattern is completed, I am expecting price to go back into the range as shown on the day chart.
(Note that the prediction is just a trader's imagination of how price might develop, more importantly is that the trader has plans ready for the market at real time, and there are a lot more other factors to determine if the trader can profit from the prediction)
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