EURUSD Jun 18 to Jun 22 OutlookBy on 2012 Jun 16 Sat 7:05:35
Intervention at its finest – by rumors. No one even dare to touch euro in 2nd half of the week allowing it to drift higher all the way. Closed the week at Y+1.
No outlook. Cannot predict how people will react to uncertainty. In this case, if volatility increases, then B+2 and B-2 are both in the radar.
I will not touch this pair until after I get the first 2 swings next week. From there the outlook should be more readable.