On this chart we are in a triangle 4H time frame. i believe with the current strength and potential strength since ECB release we could see a push to the 1.1876 level marked and even further to the resistance of the triangle we could go either way from there and see a push to the some what predicted 1.20 or possibly higher and break down or hit resistance and break down i believe we have more strength on the Euro to show before we break down on this but over all zoomed out to the monthly time frame i am certain we will have a good fall in price over time when the USD begins to see strength.
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