FOREXCOM:EURUSD   Euro / U.S. Dollar
I believe eu is bouncing off a demand zone and may move towards 1.1940ish. I think last weeks NFP miss will play a factorthis week. The Spain issue seems to be calming down a bit so that should be somewhat positive for the eu.. there's been some talk NK may launch another missle or test a bomb, i think that carries the biggest upside risk for eu, i think any tensions there could be the fuel to push eu over 1.1940 and on a trajectory towards 1.21xxx. To start the week off i think the 1.1870 area is important to watch because if price makes it there , i think the case for a trendline test strengthens. Each green target is a significant level I'll be watching to see how p.a plays out. Just an idea and not tradimg advice... happy trading

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