I'm Looking For a little drop off to the area 1.17790 then continue up with the reversal that is currently that is in play. I'm Hoping that that the reversal will go as far as 1.19500. When looking at a daily Chart The uptrend is slowly dying off so if the Bulls can give off at 1.19500 then the bears will have enough strength to go as far as 1.15000. That's my view on EURUSD for the next few weeks but NFP will give us a better confirmation
Comment:
A close above the 1.17700 will signal a buy but only a false breakout to have EURUSD continue with the shorts.