EURUSD : The Grand Trine exit : Approaching Euro black weeks

FX:EURUSD   Euro Fx/U.S. Dollar
Dear fellow traders !

Eurozone shows some weaknesses to keep a strong Euro             . As we already know European politicians seem a bit confused about a way to fight unemployment and inflation rates at the same time. But a decreasing euro             price could leads to a nice increase of external demand to European goods and stimulate exportation.
Moreover the international syndicate of central banks , the BIS located in Switzerland, warns us about an overvalued and "euphoric" state of stock markets which could lead to a strong sell on stocks . If we look at the past, we can see that 2008 sub-prime crisis produced, 1. a big stock markets collapse, 2. a strong demand on US dollar             . In fact, it seems that stock markets decline involve more demand on US Dollar             than Euro             . But this year investors could see cryptocurrencies or even commodities as safer investments than classical currencies . Furthermore, ECB interest rate is already at is lowest level and creditless EU seems unable to bail out euro             and european stock markets.

Now, on technical analysis , we can see that euro             is progressively exiting a strong bullish wedge which could lead to an important lack of confidence to invest in euro             . The legitimate Janus pattern developed by our 4xForecaster fellow trader is showing more and more confirmation and a break of 1.3474 level could lead to a strong sell on Euro             .
Finally, the positive divergence rejection on the Euro             and MACD lowest rates makes me conclude that we could get a profitable fall during next months.

I've written 3 take profit levels where we can see good bounces before new selling signs of reversal.

I wish you the best for your trades.

Best Regards,
Serge Bonaparte