We had a strong rejection from 727 this week on EU. A 100 pip rejection on the same day, to be exact. Even London and NY turned bullish below 800. Like I posted mid week, I saw it as a trap. Next week will confirm, if I was right or not. I am expecting some correction early next week. On friday, during NY session, 780-790 was a very strong support, so that would be the first area I would wait to come back to, next week. Second strong support area was in the 750 range, which might be re-visited, too, but I wouldn’t bet on it. A SL is easy, if 727 stays untouched next week, we will definitely see 880, at least, with my final target of 960. So a SL for the week might be safe below 690, because if we break below, it will most likely turn bearish and then we might see even the 500 area again. So, if you are long, watch the early week PA very carefully, we need a clear rejection below 800, to stay long for the whole week. Below are the ideas shown on a H1 and H4 chart.
By 
