Member Request: A Look at $EURUSD

I do not maintain a count on the Euro, however, there are a couple of technical details that I can draw our focus toward for the moment. It has broken out of a down trend line that extends all the way back to 2008. Should it hold this breakout, I would expect it to strengthen, and perhaps for quite some time. However, should it fail, there is a head and shoulders pattern that may then come into play. It’s as if the world is deciding right now whether it wants to have a crisis or not.


Note: When articles are first published, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced (or to join my Discord chatroom), please consider becoming a patron. Note that there is a 7-day free trial period. More information may be found on my About page and on my Patreon page.