this is the 4 hour chart of the EUR/USD. i’m thinking somewhere along these lines, the minor zig-zags along the way not included here of course. if so, then next week should be interesting. i will say that the intraday currency charts can be very difficult to call, as we have, by their own admission, unprecedented currency intervention/manipulation in full swing by the global central banks. however, take a step back and view the $USD on a daily or weekly time frame and the dollar continues to be in unmistakable uptrend within what would also seem to be the latter stages of a multi-year basing process as i’ll illustrated via the weekly $DXY charts recently.
