Weekly Forecast

EUR/USD

Scenario 1:
If you are looking at EUR/USD in a uptrend, Later part of the week, if 1.2700-750 support hold, EUR/USD is going to continue its rally up to 1.33, coincide with EMA200.

Scenario 2:
If you are looking at EUR/USD in a downtrend, best shorting opportunity still lies at 1.33-1.35 region.

For a quick trade, I prefer to short EUR/USD on Monday or Tuesday around 1.3050-100, with stop loss placed slightly above Thursday High (1.3106).
Target exit at 1.2815.

If EUR/USD has break above 1.3150, I will sit back and wait till it reaches 1.33.