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EURO EURO, WHERE GOETH THOU EURO?

Over the last several weeks, the EURO USD has been meandering at the top of a Major Resistance point, forming a fairly large range on the Daily Chart. This area of uncertainty coincides with the Resistance of the Weekly/Monthly Chart´s large Pennant that was formed in the aftermath of the risk-aversion buying of the USD during the Financial Crisis. The crossroads is completed by an uptrend line (in blue) that has defined the direction of the currency since July 2013.
DAILY CHART

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How do you like my crown?

Hey thank you so much dear Dukascopy for this beutiful crown - I LOVE IT! Such a nice surprise on Friday
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Atashi_Tada avatar

Mag, can you please write in English?

ilonalt avatar
ilonalt 20 Dec.

i'm not jealous, i'm really enjoy your title!

Atashi_Tada avatar

thanks Ilona! Are you going to take part in Miss 2014?

ilonalt avatar
ilonalt 20 Dec.

:) i don't know really

Atashi_Tada avatar

ok, hope to see you there :) there will be much many prizes for everybody! I might give it another try

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