Exploring this potential triangle with the current highs being 62% retrace of bounce from the double bottom base of 1.0500. Short term expecting a move back to 1.07 or as low as 1.0635 with a potential breakout to either direction, most likely to the downside, following negative EU headlines: French elections, Brexit talks, and many other EU concerns that I've been voicing from Q4 2011 - (fxtradermagazine.com/pdf/previewOctDec2011.pdf)