The EUR/USD probably traces out a contracting ending diagonal of cycle degree long term. This is in line with the Dollar index. There is fundamental support to this case here. International trade is among the key focus points of the Trump administration. A weakening of the US Dollar seems to play a role for reaching the set goals of increasing exports. There has been a long history of US Treasury Secretary’s verbally supporting a strong Dollar. Mr. Mnuchin seems not to convince markets in this regard.