We got 3consecutive new highs and higher lows as well, so that we may consider this as the continuation of the uptrend that started in the new year. The falling trendline is not yet broken. So one shall be cautious. After the impressing turnaround I am however rather optimistic that the breakout will be done soon promising a good spike then.
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The optimism was an error. Despite we saw a new high the euro coudn't hold there.