All the support and resistance
lines are shown on the chart. I would prefer to be neutral at the moment and let the Fib extensions come in strong play. If it comes to the level I drawn on the chart; good enough. It would be a good deal. Euro
has no reason to go bullish
and break the psychological resistance, However weak dollar can cause volatility
in the pair. The stochastic
both indicate the pair to be over bought along with the candlestick
patterns and Fib Ratios.