On 1 Apr
2015, I dared to predict that the downtrend of the Euro
against the US Dollar
was at an end and that an uptrend would now start. I drew a blue triangle tentatively predicting an uptrend symmetrical to the finished downtrend. This was modified in my post of 16 Apr
. Four days ago, I noted that the uptrend had become too steep and that there was plenty of scope for a correction. The correction, I reckon, has now finished, and the EUR/USD
will resume its upward path.