#EURUSD Rising Wedge

EURUSD (fiber), in a consolidation known as "Rising Wedge". It's a is well regarded as a bearish formation. We could see a break on this formation tomorrow or the days prior to the weekend.

Bearish divergences point prices lower. A break below 1.4647 will indicate it's downfall for now.

I have enough reasons to believe that the Euro is doomed to fall for the subsequent months, if not the subsequent years. Parity is very probable.

The 30 min. chart demonstrating the rising wedge formation.