$EURUSD #EURUSD Cyclic Phasing

I have been working on a study using the Monthly 200sma (gold) and two derivatives of that time frame: an FLD based on the 200sma (dark pink) and a faster, predictive FLD (light pink). I continue to believe that this pair is giving itself every opportunity to break out to the North. I could add further credence with the daily & weekly studies, but everything is here anyway. If that monthly regression channel and price envelope holds, then the price placement at the trend line from the all time high is to be given the respect it deserves, in my opinion. Of course, I am biased in following my own analysis, and trying to catch this falling knife has been of little enjoyment thus far, but at the very least, Draghi should be tested!