it looks like the eurusd cant afford to go down(because there is a big downtrend for it lurking down there)
so it might finish its long term rally .. which shouldn't take long .. then it can reverse south for the forcible future ..
sorry there is no analysis on the chart, however it may follow.
the trends in indecies are much smoother then in fx..!?
dow 30, sp500, german 30, ..etc are very bullish in our view.(for the short period of times coming, as the crash of global markets is very imminent)
our feeling is that (probably as usually) the eur will go up(to trigger all those stop-buy orders) then reverse down sharply to force those orders out; then rally up swiftly.(so the people look without touching, being afraid)
on many occasions eur has been doing this.