Looking at the monthly time frame, we maybe witnessing the completion of a second trough formation which is higher than the previous one made in the year 2000. This would mean a new symmetrical base barrier formation connecting the higher trough made in November 2014 connecting the 2000 trough series. Over the next few months, should price action challenge the 1.1425 level, and remain above this level, this would suggest a long term trough completion which was started in November 2014. Folks, this is BIG for the euro
, as it may suggest a bullish
revival towards 1.25 over the next couple of years followed by 1.40 in the longer term future. I think we may be seeing the end of a strengthening USD over the next 3 to 7 years. Folks, buy Euros & wear diamonds..