MARKET IS CURRENTLY HOLDING STRONG MONTHLY RESISTANCE WHILE APPROACHING THE END OF ITS TRIANGLE FORMATION.
WITH POSSIBLY WEAK FUNDAMENTALS AHEAD FOR THE EURO, WE COULD SEE THE SUPPORT REGION MARKED IN BLUE BROKEN AND THEN FOLLOWED BY A BREAKOUT OF THE TRIANGLE AND THEN ULTIMATELY GIVING US A MORE LONG TERM MOVE.
WITH POSSIBLY WEAK FUNDAMENTALS AHEAD FOR THE EURO, WE COULD SEE THE SUPPORT REGION MARKED IN BLUE BROKEN AND THEN FOLLOWED BY A BREAKOUT OF THE TRIANGLE AND THEN ULTIMATELY GIVING US A MORE LONG TERM MOVE.