• EUR/USD weekly chart show a double top respecting the upper channel .
  • beers are in control and pushed the price down to around 1.35 .
  • EUR weakness is expected to continue next week and close below trend line .
  • bears first target at 1.33, next 1.29 the bottom channel line .
1 Hour Chart
  • price could consolidate at the first of the week .
  • beers should defend the price around 1.3580 .
  • 50% FIB retracement set at 1.3583 for the last down move .
  • the third expected move should sent the price to 1.3400/1.3300 .
  • one way bulls can get control back and hold the trend line is better than expected PMI from Germany and France this week .




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