Reading monthly cycles in EUR/USD

摘要

In the volatile world of currencies it always pays to grasp the big picture. Regardless of your trading horizon, it is best to determine the long-term trend before you proceed. It also is important to understand what both the fundamentals and technicals are telling you. Looking at a monthly chart is the best way to grasp the evolving cycles. This approach works with all pairs, but let's focus on the largest, EUR/USD.