It seems to be clear that there is a major reversal coming for all pairs vs dollars.
In my humble opinion it is only a question of when.
I am pretty sure though that something is going to happen this week. The sooner the better. But lets see.
This chart indicates (copied from my MT4) a bit of double trouble - it tells us to take profit at TP1 and / or TP2 and that in a very near term a major reversal is coming up to the green zone - probably due to Euro troubles in the Euro Zone or something similar happening on the political side of the markets.
In my humble opinion it is only a question of when.
I am pretty sure though that something is going to happen this week. The sooner the better. But lets see.
This chart indicates (copied from my MT4) a bit of double trouble - it tells us to take profit at TP1 and / or TP2 and that in a very near term a major reversal is coming up to the green zone - probably due to Euro troubles in the Euro Zone or something similar happening on the political side of the markets.