I am still maintaining my earlier view about Euro, if it able to break 1.31 then it has a chance of making bullish pattern. Since Euro is close to that level so the chance is more now. But for coming week I will not be surprise if it faces couple of negative days. In fact if that bullish pattern is true then Euro will drop from here but that may not be more than around 1.27 ranges.
So if Euro drops in earlier days of the coming week then there is a chance that it may bounce in later days. Therefore we may expect Euro to test above 1.34 if Euro acts completely on that bullish pattern. On the other hand if Euro breaks 1.27 ranges then it may create a bearish pattern and in that case we may see Euro below 1.25 levels in future.
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