Alright, my first forex post. I am currently not holding any positions. Based on my H4 chart, the EURUSD pair has hit a low of 1.2945 during last week's trading. It closed off the week at 1.29851. Based on my predictions, there is a possibility that this pair would be heading up north, given that it is bouncing off the lower Bollinger bands. However, I would say it would only be safe to long this pair only if it goes up the 1.30285 resistance. I would short this pair if tomorrow's opening goes below Friday's low. If you were to look at the daily chart, you can see that this currency pair is actually ranging between the 1.29851 and 1.31654 level. Personally, I stand on the long side of this pair until it hits the upper limit of the range.