Razvan

EUR/USD - Drawing A Wedge

FX:EURUSD   Euro / U.S. Dollar
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The short term tendency remains bearish , but I thing that the Euro             really struggles. A Falling Wedge started to emerge but bulls will need a strong signal to start buying the single currency, Next week's highlights could be the German ZEW economic sentiment and Flash PMI for the Manufacturing sector, in what concerns the Euro             Area and the Housing Starts and Unemployment Claims for the United States. You can see my full forecast on the macro releases and the short to medium term technical analysis on http://www.investazor.com
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