Sforex

EURUSD NEXT WEEK: CPI ON THURSDAY

FX:EURUSD   Euro / Dollar AS
2
Look at on the chart, two main trend lines : E/U crossed through one trend line. If it breaks next trend lines. bearish confirmative.

Next week, the key data is CPI of EZ onn Thursday because it will decide what the next action of ECB next June. If CPI is positive,ECB might hesitate in dragging down Euro, but if CPI is negative, you should not hesitate in SHORT agressive E/U because It pushes Mario Draghi takes action to fight the deflation in EZ.

Good luck.

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