Another week candlestick closed with a dead heat, but referring to the rates the Bulls seem to win keeping the levels taken before. This victory is expressed by unwillingness of the EUR/USD traders to fix the profit and let the pair move to 1.35 where the currency will target to in case of lowering. There is no a sell signal yet, to the contrary, you can look at the calendar and you will see the month end, then look at the month candlestick. If you see the same as I do then I recommend to stay aside from long term positions in any direction. To my mind, it is better to be out of the market with this currency pair till the end of the European session today before midday, it is better to follow the cross-rate of the Euro-pound, this pair will set the further mood of the Euro-dollar and the pound-dollar. For those who are bored I offer to consider the opportunity of buying the Euro-dollar pair. The target is the new maximum which can be easily seen at 1.43(1.4290). I am not considering a sell variant as it is the end of the month and the bulls can give a new maximum.
