Weekly Outlook (1/10) w/ 3 scenarios

I've divided the weekly outlook into 3 situations. Two ideas are bearish the other is bullish. Just below the 1.23 handle is the area to watch how price reacts on the smaller time frames. I do have a slight USD bullish outlook which I will link. What to confirm the next two weeks is if we have indeed broken market structure from the current uptrend. Its mostly a quiet week on the news front but remember politics can shift sentiment quickly.

Comment:

1.221 new area to watch. Possibly consider short term buys @ 1.21