EUR/USD Triangle still valid.

24 apr 2018

The underlying support of the triangle is still a very strong support. I do not think we are going down yet. One more push from the Euro to the previous highs and then I foresee a Major trend reversal with the Dollar rallying from middle May onwards. We can also see anice hammer on the daily forming. So I do feel we see EUR strength for the rest of the week. Don't expect the ECB to lower rates. Rates are already negative.