I have been looking at the EURUSD and from what I can see we will get a minor movement down from where we are now. The volume was a bit higher this week compared to the last up-week tow weeks ago. I would guess that we get two more weeks down in the pair before any up-move is to be expected.
We had a nice down-move Wednesday on high volume and the up-move on Friday was not much to talk about and the volume was weak. I believe we will get a continuation on the down-move already on Monday. I believe the EURAUD will be a nice pair to short in combo with this one for next week.
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