is near KEY resistance.If the EURO
rises above it, it's likely to keep rising within the wedge
. As long as the up trend stays intact, the EURO
should reach the apex of the wedge
approximately near the beginning of 2014 which also coincides with MAJOR resistance.The other scenario is that the EURO
fails to rise above key resistance and falls below wedge
, that would put the current up trend in jeopardy.