Hello Everyone, Little late with opening a thread for this month, but I had some problems with the broker right at the opening of the week business is business; nothing we can do - there are problems in any business, and ours is not an exception. Ok, little bit about the market. Well, it seems to me that the market is a little bit confused whether to resume with the USD selling right now or we should see some strengthening before that. USD strengthening was on its way, but as we see, USD is still very very vulnerable and any little reason is enough for market to start covering USD longs. Andre said he was seeing the triangle possibility long before there was any indication for it, and he was 100% correct. There is a nice triangle - it can be observed on dailies, but its best seen on 240 mins (EURO). Triangle was also on USDCHF, and it seemed like it was broken, but now there is a "new" one. I think the break of the formation will be the indication to follow. Previously, when I was talking about target for the south move, I was talking about 1.20 - 1.2150. As for the possibility for upside - I think its at least the 1.29 top retest. As we see, there is enough room to trade both ways and nice targets. At the moment, I am more looking at the downside break, but you never know for sure. If indication are good, I may even enter inside the triangle. Will see. This is a very good figure we got here, and market is currently working it. I suppose in the near future the trading range will be tightening as we approach to the corner.