EURUSD Dec 09 to Dec 13 Outlook

Recap
Mentioned last week euro support is Y-0 and there we got the heated fights 3 times within the week. At the end the bears are toasted with Y+2 upside target tagged by end of the week. Closed the week near Y+2 and week high.

Outlook
This is the potential swing top zone for euro. Last few times we got weekly spike highs like this coincided with major European government bonds offering. No difference this time. Once the dust settle and that euro close below Y+1 / B-0 on weekly close basis, we have a weekly spike top.