Looks like an inverted head and shoulders pattern to appear. If we get that, I expect some mid term uptrend. This week should be decisive one.
Seems like long term long for UJ will not hold as I predicted from previous idea. Although it is possible to continue upward direction,it looks like the trend will reverse downwards.
Euro to strengthen after a short decline confirmed by ascending triangle and fibo .236 level.
Long term uptrend is expected after small decline confirmed by FIBO .236 level and a pennant chart pattern.
EU looks to regain last weeks declines today or beginning of next week.
if this is going to be a second morning star formation should expect few bullish weeks. if greek deal accomplished next week should validate the morning star