A symmetrical triangle was drawn on the EURUSD 60 mins chart. At this point there is an equilibrium. The triangle (theoretically) signals a continuation of the previous trend, while fundamentals are still favoring a fall. I say it could be better to wait for a confirmation. An up break could trigger a rally to 1.3664 (first target), while a down break could signal a drop to 1.3540 or lower.
Nice analysis as always Razvan. I personally don't trade symmetrical triangle but I'm interested about how you see the situation. Again this pair is at a very important level 1.3600. To me the triangle is just showing the market is OK with this level for now. The questions is: those who accumulate around this level, where will drive the price? :)