The EUR/USD is now hovering around a crucial pivot point if the diagonal theory is to hold.
A break much above 1.42 without a substantial pull back towards the lower trend-line negates the pattern
Whereas a good pull back to about the 1.40 area and a reversal back up towards the high reinforces the pattern.
Cheers
'Market and Human' Psychology perspectives with tips on how to avoid common mistakes by 

