bounced of the weekly 61.8 retracements this week, we saw Bulls come back into the market after Draghi speech and push price higher. Euro
is still substantially weaker due to subpar economic performance and no clear signs of an economic recovery in the Euro
should weaken against a strengthening Dollar, as we can see from the charts the bullish
momentum is slowing at the trendline
that has been respected for weeks now. My prediction is a restest of the trendline
then a break to the downside back at the weekly 61.8 retracements Zone.