An overview of the
currency markets by 
March 24, 2009: EUR/USD - Retracing almost all the way back up from yesterday’s session, the bulls seem to still have control and look for a continued movement up.
With many Eurozone and UK PMI coming out later on today, we may see a small retracement down before heading back up again.
Technically speaking, we may potentially be forming an Expanding Triangle, in which case look for a move up, then retracement back down and then back up to continue the overall upward movement.
Currently, we’re about 3 hours before the opening of the European session. For shorter-term trades, look at the smaller time frames, keeping this general movement in mind - as well as the announcements coming up.
Good luck.
hope you are well….nice analysis…wondering what do you think about the triple top formation in 4 hours and also head and shoulder patterns…ww havent been able to close a single candle near the top for three days…any thoughts