Last week I was expecting that if Euro follows the bullish pattern then it will drop. Now I am still maintaining my last week stand that so long Euro stays above around 1.27 range there is a chance that it will react on the bullish pattern. In that last day it looks like that Euro is looking to get support at around 1.29 levels, therefore in early to middle days of the coming week it may test 1.30-1.31 ranges.
On the other hand if it fails to maintain around 1.29 support ranges then in middle to later days, there is a chance that Euro may drop below 1.27 ranges to react on its bearish pattern and in that case we may see Euro below 1.25 levels in future.
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