It has been a while since I commented on the Euro. The EUR/USD currency pair has spent over a month in a relatively narrow range, and perhaps now is a good time to plan where the next strategic trade can be put on. Take a look! Spend some time reflecting on the internal structure of the larger waves. Finally, revisit the MT update of 31 May 2009, reporduced here for your benefit, but you will do better if you read the comments that appeared on that day. Here is the link for medium term outlook for EUR/USD that was published on 31 May 2009. Good luck!