The point where lottary begins... :-)

On weekly chart, we are now almost on the resistance level. Today top of 1.38.12, suggest we are on the very edge of the wedge :)

From now one, we have just 40 pips (or less to ~1.38.50) from what must be the top. In same time, USD index in below very important support.

Now, is (probably) too late for enter, due to high risk, and is too early to short :)

Advice is to stay aside and wait for 2-3 days. Then we may see if we can be able to enter again, because if now price fall to let say, 1.37.65, this could means that we will not see 1.38 again for some time :-)

In this week EUR/USD view, we will try to find entry point for shorting, also will speculate what may happen in near future.