Long-Term
On the monthly chart we can see a sideways movement with resistence at 1,50-1,52 and support at 1,20-1,17.
Since the minimum price of July 2012, we are ranging with top at 1,37 resistence zone. If we clearly breakout this level, the path will be free to return to the top at 1,50-1,52 area.
The price so far failed to clearly breakout the 1,37 long-term resistance zone and at the moment we can see a potential double top on weekly chart.
Medium-Term and Short-Term
Currently we have a medium-term uptrend and on the short-term the price is ranging with support at 1,3625 level, this range made a potential double top on daily.
If price breakdown 1.3625 level, the medium-term uptrend may be over and we can go at least to the 1,33-1,34 area, next support zone. I'll take a short position if so.
On the monthly chart we can see a sideways movement with resistence at 1,50-1,52 and support at 1,20-1,17.
Since the minimum price of July 2012, we are ranging with top at 1,37 resistence zone. If we clearly breakout this level, the path will be free to return to the top at 1,50-1,52 area.

The price so far failed to clearly breakout the 1,37 long-term resistance zone and at the moment we can see a potential double top on weekly chart.

Medium-Term and Short-Term
Currently we have a medium-term uptrend and on the short-term the price is ranging with support at 1,3625 level, this range made a potential double top on daily.
If price breakdown 1.3625 level, the medium-term uptrend may be over and we can go at least to the 1,33-1,34 area, next support zone. I'll take a short position if so.
