From the chart, I spotted an uptrend in the daily timeframe and the green trendline initially got touched around the first 3 ellipses but, despite the red trendline coming through around the 4th ellipse, there has been a retest at that level in the 5 min timeframe over 30th, 31st Aug and 1st Sept. However, breakout from the downtrend strengthened the uptrend thus...
Via the daily timeframe and the middle upward trendline, we can see that the pair has been moving up since November 4 (starting at 1.16), and a retouch occurred on March 3 (at 1.17). However, on Jan 7, price hit an all-time high at 1.23 and the dollar gained against the euro until Mar 3 and the uptrend picked again reaching 1.226 on May 25. Price, however,...