What to Expect Early Next Week in EURUSD

Published March 14th, 2009 - 12:52 GMT
Al Bawaba
Al Bawaba

EURUSD strength is expected to continue next week but a drop below 1.2862 is possible in order to complete a small correction.  If this happens, then there will be an opportunity to add to longs (or initiate) against 1.2730, which is the pivot.  Of course, it is also possible that the EURUSD surges from current levels.  Whether price drops below 1.2862 or not, the pattern is bullish.