EURUSD: For the week I’d expect to see trading between 1.2516 and 1.2115.  The current bullish correction should run up to at least 1.2656.  With summer trading well underway, we could watch the Euro go into a tight range between 1.2115 and 1.2516 for a month or so.  Only time will tell.  Early in the week, I’ll be looking for longs in the 1.2318 – 1.2292 zone.  Targets will be near 1.2450.

More to come later this weekend.