Euro / Dollar: Completely logical and normal
New roof for the very short term bullish channel with tangential acceleration and nothing that could not be expected.
Status of Short-term:
Again the rising channel upward acceleration that keeps the euro / dollar brake on prices. Logical and normal to very overbought short term and necessary step to further increase the current. Neither can climb every day, and there is no other way to correct a tendency to solidify. The prices are not relevant in the slightest doubt that within the channel shown in the accompanying graph.
Status trend:
The output prices upward break of 1.34 leaves the upside again to try to retake control rising tendency. The process may submit laterality of substance, leaving the euro as the dominant currency in all relevant periods.
