Impossible to tell this weeks direction by looking at the weekly chart. All I can tell by looking at the weekly chart is that we have just corrected to the 38.25 Fib level which is a standard turning point for wave/leg #2. You have just posted a chart with a declining Bullish wedge.
DislikedWeekly is extremely Bearish. Massive down week last week with bearish engulfing, Bounce of trendline, Stochastics crossing over on new weekly bar open. Down trend.
can't really say much else but it is headed down the path of least resistance which is most definitely Down.
can see 104.50 as next support level that will really hold, possibly 100-200 pip bounce here / consolidation.Ignored
Please do not vouch for me.