Euro continues to rally to the lowerside perfectly as previously forecasted. While the price is held below the upper trendline and within the falling wedge formation, we are looking for a possible long term sell position towards the lower trendline. If the price breaks below this trend line, then we will be expecting a rally towards 1.21 and may extend much lower. As it is right now, buying, or holding onto is a bit risky and may not be recommended.
Remain short towards the lower trendline