if we have a failed break of the area highlighted in sky blue, we could potentially see a reversal in play; adding confluence to the bullish flag on the month
WE HAVE NOW TOUCHED TREND LINE FOR THE THIRD TIME; AND IF YOUR A SEASONED TRADER I'M SURE YOU KNOW ABOUT THE THIRD KISS OF A TREND LINE
fundamentally i do not see how the EUROZONE overall being strong/gaining strength against Great Britain/pound as a whole, so as the EURO AGAINST THE DOLLAR , as it seems many traders are looking for possible reversals to the upside; saying that we are in uncertain times but hey (THE CHARTS NEVER LIE)