the low for last week was 3080 ..
and eurusd closed this week above 3164...
the next weeks will be really hard for the dollar and i expect to see the dollar fall against all currencies specially the eur, chf, and jpy..
but after the rise will see 3000 again, i`m sure we will see alot of people say that eursd is going to 3450 and maybe 3550 and alot will buy and make their stop loss below 1.3100 and i think thats what the commercals and large speculators want so they will reverse the market and alot of stop losses will be taken out..
from my experince .. as i have said in the last week we will not see 3000 before we see 3215 and 3275 levels , and after the close i belive that we will see 3275 levels for sure and it will be a very good chance to short..
last week my order was to buy from 3065 but the low was 3080 .. now my orders are to buy from 3015 , and then buy again from 3065 and my sl will be 3000 .. the targets 3205, and 3260 and i might buy from 3145 i`m still not sure about this point ...
alot of analysits say that the weekly close for the eurusd is negative because it didn`t close above 3173 and this point they think its important because its 61.8% fibonacci in the weekly chart from 1.3364 to 1.2865 and also its the downtrend line in the weekly chart...
but technical analysis is not everything thats what i have learnt from the past and you know the history repeat itself..
hope to hear ur opinions traders
