#EURUSD Has More Chances Of Bullish Week Ahead - Weekly Analysis

Traders, Although EURUSD has argument for both long ans short positions at the moment, we must not forget that on the daily time frame we are still in uptrend. Also Weekly Elliott Wave is also still intact. So There are are more chances of medium to long term bullish movement. One scenarios is that we will start the bullish movement right away or other scenario is that we may have 1 -2 bearish days or a gap down on Monday but we should finish the week with a bull candle if patterns play alright and nothing significant comes in the market. Lets see how it unfolds. We must watch the zone in red to look for bullish structure such as engulfing candle or pin bar.

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