#EURUSD - Between the Worlds #EURO #monetaryreform

The EuroUS Dollar continues to move between important 1.14961 and 1.06363 range.

All movements between are only short-term "skirmishes" .

Only a breakout from this range will indicate the next longer-term trend direction!

In this analysis, I assumed that a trend reversal will happen and a bearish pattern will establish itself. This would mean that the euro would fall below parity against the dollar.

Alternative:
However, should the euro break up, a new bull market could be initiated for euro-zone. More on this when the breakout on the northern side occurs.

Greeting

Stefan Bode