The Euro/USD pair looks to be running on fumes....this last June up swing shows all the signs of a bear flag....riseing price,flat upward sloping MACD and declining volume. Noticed how it squeeked out a third touch of the top of the triangle with gaps on both sides. A close look will show an abandond Doji simular to a shooting star without the long upper wick. This action suggest the pair cross is rolling over. ie: a stronger US Dollar or a Weaker Euro Dollar. What this all means is if the Dollar is getting stronger, commodities and equities will trend lower thru the summer.
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