FX:EURUSD Euro Fx/U.S. Dollar
The Euro looks here along with oil . It has been in a macro downtrend or downward parallel channel since 7/08' which only accelerated the downtrend in 9/14' with the accompanying rising dollar and falling oil prices which the rising dollar is inverse with most and oil . Right now.......the Euro is consolidating along w/ Oil & USD. When USD starts rising again and continuing its uptrend........both Euro and Oil will continue their downtrend. Euro is showing a macro flag here w/ tgts. around .90. As always.......watch for confirmation.