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EURUSD weekly open short. EUR flash services PMI 2:15 Est 23 Oct

Euro / U.S. Dollar (OANDA:EURUSD)  
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OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis
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trendanalysis
The initial reaction for EUR vs USD weekly open move seem's potential given the last 5 EUR zone flash services pmi have been market misses. A short move emanating from 1.05266 to 1.04928 area maybe the initial weekly open move. The Daily structure appears to be some sort of bear flag formation near 1.05 major support. The close on friday closed at the day's point of control at 1.0509. The next lower point of control is 1.04928.
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