It is a good time as any to look at the EURUSD. Actually, it seems that it is a better one than ever because we are approaching fulcrum levels in the pair. The task of the trader is to know how to spot the opportunity with a small risk but with a big potential reward. We think that this is such a case. As you can see, in the weekly chart, the pair had a good run from 1.35 up to 1.50 in the fall of last year, but since then it has entered a trading range. This trading range (which is detailed in the daily chart), has taken the shape of a very big contracting triangle. Between the high of 1.4970 and the low of 1.4350, ... (full story)