Week of February 7-13 Euro Dollar

Looking at the EUR/USD going into next week I feel that Monday we will see some upward movement to 1.3960/1.4010 level. I would lean more towards the 1.4010 level but we could see rollover between the two. Once we hit these levels and start making lower lows and lower highs on 15 min chart I will look for shorts and enjoy the ride down. I have my first target at 1.3200 level and then a second target at 1.2970. It is possible we might hit target 1 next week and if so I see a retrace up to 1.3500 level and then down to our target 2 at 1.2970/1.2920. This target 2 might not happen until the following week of the 14th. it will depend on market volatility and fundamentals next week to help with timing. Let's see?