In last week’s forecast, we were looking at the possibility of EURUSD putting in a rising wedge on further deterioration in upward momentum at key long-term levels. However, that would have required another attempt this past week to etch out higher prices after a modest pullback. While the pullback to the start the week was modest, it broke what would have been the underside of the wedge and found support around 10825. We are currently left stuck between solid points of support and resistance. On the top-side we have strong long-term resistance by way of the 2012 low (two reversal days – 8/29 & 9/8 – as evidence of ... (full story)