EURO. The big picture 1971 - March 2013 and forecast. WATCH UP.

EURO monthly since 1971. The five waves uptrend was completed at the top March 2008 at 1.5787.

EURO month since 2000. A three wave correction and then a,b,c waves and the Euro now seems to want to test b bottom again and here the monthly trend seems real dangerous when the 8 and 21 month MA:s are added.

EURO month from 2005. The 21 MA is falling sharply and I think the 8 MA will not make a cross but turn down before. If that happens a test of point b will occur and most likely break that point which will make the Euro fall steeply. This will not happen over night but now it is time to plan for this possibility.

EURO 22 months March 2013 close. On April one there will start a new bar and the pressure down from 21 MA will get stronger and the 8 MA will move up just a little bit.

EURO week March 2013 close.The cross will deepen from Monday April 1.

EURO day March close.