Well what we have is an ascending triangle
pattern that has formed on the W1 chart for the Euro
. This is a breakout pattern, and by the aggressiveness of the Euro
bulls it looks like we may get a breakout above the resistance area
. Anyhow this is my analysis on E/U, simple and straight to the point. Not taking any positions yet.
Cheers, and good luck with the upcoming week of trading! =)