Eur bearish till may 7

as it comes to the end of the week i believe the euro will hit 1.13 and end up going to one of my targets at 1.10. However people also need to understand big news next week for Greece on a friday about the EU, However Greece has stayed positive at the manner of numerous deals in order to some what heal financial Debt. The dxy also releases news in a couple of hours which will also help the decide direction for EU for the rest of next week until the EU makes a response.. Safest choice is not to buy as clear way too many Green candles and good momentum coming on. Best thing to do as of now is see how DXY and EUR reacts to news.. So far DXY has yet to pass the trend line and EU is still making newer highs.. Time for a strong support on top of the ichmikou cloud on the daily . if Target changes I will publish new idea


Happy Trading