EURUSD Mar 25 to Mar 29 Outlook

Recap
Opened below my support requirement thus invalidated the bullish potential. First try going higher cannot even tag Y-0. Dropped hard but news shock and rumors started to take over the week. Complete mess as the officials keep telling lies after lies trying to pop euro higher. By Friday, IHS on 4 hour has formed. Closed the week above Y-1 and midpoint.

Outlook
Friday rally was the same type of price action we have seen repeatedly after the European officials doing what they do best – lying. Shorts gave up / reduced position size before the weekend in case intervention later today would zoom Euro much higher.

Gap fill above is likely. IHS target is Y+1. Other then that no expectation from this pair as I do not like to trade news.