Euro is likely topping out soon unless it can reverse the long term trend, break 1.583 resistance and then clear 1.62-.64 for sustainable bullish reversal (per Socrates)
Watch for volume to pick up for upside confirmation or wait for pullback for entry if volume does not materialize. Maintain upward MA slope and green mansfeld and you are good to go for Stage 2 uptrend with ZERO overhead supply to rein this in. One of the better looking stage 2s in the market imho.
Take away is this is a weaker Stage 2 with long term overhead supply in play and a very nice short term chart to counterbalance. Look for rejection at former highs and make sure relative strength and upward slope are maintained for massive breakout to all time highs.
Weinstein stage analysis breakout to stage 2, same rules as always fam
Huge volume bull flag stage 2 breakout. Same Weinstein stage analysis rules. MTLS
Stay long if maintains green Mans reading, over 30 ma upward slope. WAAS