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EUR/USD Forecast July 27-31

From forexcrunch.com

EUR/USD rebounded strongly last week, gaining about 150 points. The pair closed the week at 1.0982. There are 11 events this week, highlighted by German Ifo Business Climate. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The euro posted strong gains as the Greek government won a parliamentary vote on financial reforms which are required for the rescue package. US numbers showed improvement this week, as New Home Sales jumped and unemployment claims dropped sharply. German Import Prices: Monday, 6:00. Import Prices declined for the first time in four months, as the ... (full story)

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