'Market and Human' Psychology perspectives with tips on how to avoid common mistakes by 
There is strong resistance around 1.43 on the EUR/USD.
I’m not sure that this is the final top, however I would expect that a break above this could be capped by the old high @1.4340.
For now, I would expect more re-tracement downward prior to another attempt at a new high. Conversely a sudden thrust upward from here should prove limited.
From an Elliott Wave perspective; many scenarios are possible - Here are the two most likely that I see:
A) This pair could be forming an ending diagonal. If this is the case, we should see a strong but choppy wave 4 pullback towards the lower trend-line.
B) If a conventional 5 wave up is forming then we should see a thrust upward from around the current level.
The Economic News release Docket is loaded tomorrow with Bernanke speaking again. It promises to be a volatile week.
