EUR/USD Weekly Outlook

EUR/USD's strong rise last week argues that consolidation pattern from 1.1464 has completed at 1.1217 already. Initial bias is on 1.1464 and break will confirm this case. In such case, EUR?USD will target 1.1713 resistance next. But still, we'd continue to expect strong resistance from 38.2% retracement of 1.3993 to