Major uptrend for Euro with next resistance around $127.50

What a difference in a year! Around this time last year, the Euro was on its deathbed testing major support around $105.00. I published two charts on the subject this time last year. Who would have predicted this major uptrend looking at last years chart?

Major uptrend for the Euro

Euro 6-Year Weekly Bar Chart

Where is the bottom for the Euro in 2017? published January 8, 2017

Euro testing major support around 1.05 US dollar published December 8, 2016


“What is the major tend? What is the intermediate trend? What is the near-term trend?”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
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