Im eyeing the 3240-ish area as well....
DislikedGood observation. Well I agree with you, is a yearly move so a quarterly closing below will be more telling than a weekly close in that range (btw, quarterly/monthly close this week ...and about to confirm reversal on those charts)
Without FA in the picture and assuming there is no cataclysmic events (euro collapse or double dip, etc) , your mid term (next quarter) TA outlook match mine.
Once it completes the move to 1.331x/1.329x (is almost there) with max overshoot to 1.297x (in this v broad timeframe), consolidation in a range till the end...Ignored