[EURUSD] WEEKLY PERFECT STORM !

During the next week, the sessions on Wednesday 13 and Thursday 14 could trigger the “perfect storm”, the markets await the FED and ECB interest rates decisions, and most likely these events will be our driver throughout the summer.
Having said that, the most important session will be Tuesday, from here, we could understand how the market will position itself waiting for the big events. We will follow on Monday the pair on intraday charts looking for some other trading opportunities, and if you continue to support us, we will post some updates during the next sessions.
As we said in our previous weekly analysis (see chart below), 1.25 pullback was expected, and now we have to think about the next step.

PREVIOUS WEEKLY ANALYSIS
(Click and Play on chart)

OURS MONTHLY ANALYSIS
(Click and Play on charts)

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Thank you for support and trade with care!

Comment:

At the moment the trend remains bullish on the daily chart, and later FED decision, could bring high volatility .... If you do not have a clear setup strategy (entry, stop and TP), do not take position during today's session.

Trade closed: target reached: