Potential scenario for Euro-dollar week September 10th-14th

Hello all,

this below is a potential scenario for next week. I do not expect Euro continuing straight up from here, but it could move around current levels at 1.2820 for the first 2-3 days of the week, printing new marginal highs, and then correct into the 1.2660 area.

If the scenario above does not play out we will see a continued move higher towards the 1.2950 level, after a brief correction into the 1.2750 area.

Check the expected scenario out hereunder (click to enlarge):

Have a great week!

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Filed under English language, Euro FX setups and trades

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