AllenSmith

EURUSD Weekly Trade Analysis

OANDA:EURUSD   Euro / US-Dollar
EURUSD > 10/15-20/17 Trade Analysis
Timeframe: 1W

Previous break of strong Hammer signals possible very strong bullish trend to continue up to 1.21000 level.

Firm break and hold above 1.21000 expecting further rise to 1.25000 level where fall is expected to begin toward 1.167000 level.

Current expected closing price @ end of month is now projected near 1.19000 level due to strong bullish trend analysis.

High volatily expected as I believe we are in the "wacky" season where up is down and down is up!

* Personal analysis only. Please use your own rules and strategies prior to entering market.

** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
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