2. Look at the chart, at the left, the Euro is in Trading Range from 2015-03-09. (The worst of its worst). The Bulls are betting the crisis are over. And it is oversold for almost 7 years since 2008 financial crises. Bulls are betting on Major Trend Reversal up. The Bears are in a short squeeze.
3. Euro is on its way up because of the measure move up to 1.264. It is no stopping from 1.26 up.
4. The bears are betting on Head and Shoulder patterns. It is misleading the Bears. If you look at the weekly, the picture is crystal clear. It is a trading range break. The trading range is testing the previous and test 21 weekly. It is a 2 leg correction pullback for eyes of the bulls. The Bulls are buying back massively. Euro has a tease break from testing the Box from 1.16. It traps a lot of bear trader, betting against Euro .