Seems that the Doji created in the daily candle had sent its message clear that the uptrend was in jeopardy. The Upper Trend line and the 38.2 fibs level from the high of 1.600 to low of 1.2330 still holds strong. The pair had traced out a bearish candle on Friday's trading giving a hint that the price might have selling pressure next week. The next key support level to note might be the 50% fibs retracement of the bull move at 1.3100 as well as the 61.8% around 1.3000. A clear bounce of those levels might see the pair to retest the Upper trendline again. A break would suggest that EU might head back to the low of 1.2500.enjoy your weekend ! see ya guys next week!
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