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Will i go long or short on EUR in next week?

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Will i go long or short on EUR in next week?

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  1. The G-8 is the market mover. In the meantime the EUR/USD cross could easily range. It depends on how many pips you're looking to take. But by Wednesday, the direction will be set.


  2. I'd wait for a pullback to test resistance before going short. Economic figures that came out last week were within expectations, I don't see the USD bulls coming in anytime soon. The market might go sideways from here.

    Good luck with your trading!

    - Jim http://jsforex.blogspot.com
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