Sorry today I have no time to write as I am in a hurry to work. But I think the above daily chart of Euro is quite easy to understand.
Basically, there are a few things:
1) EUR broke out two weeks ago, and is more likely to move upwards
2) Pitchfork looks well too, and Euro is currently at its lower line
3) MACD is at level around zero, there is no extra force stopping the currency to rise
Good luck :)
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