FOREX PRO WEEKLY August 19-23, 2013

nesting (temporary?) high....how - have no clue yet

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Anybody know exactly what is driving the Euro??

.....hmmmmm....perhaps (to avoid forex traders getting onto them & detection by other agencies) the Eurozone have decided to prepare their monthly payroll & expenses earlier than normal this month.
 
hello

here is how I see it; prefer 1,3340 and bull trap finish

Good trading!

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09.40: think I am wrong in expectations and will not hit even 1,3379 !!! closed 50% sell and bought @ 1,3388
 
I am sorry guys, maybe I missed something in the weekly research. I do not understand what the bullish context is. This is very important for us to understand. Is it only that market is standing above the previous Highs? This is a Bullish context?
The price action stopped right at the 3 Drive target on Daily, so why this is not Bearish?
I am surely missing some details. Did Sive explain this moment somewhere?
Thanks!
 
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