On the greater intraday charts, this run-up became more than mere noise yesterday, and it would mutate into a mild curiosity if it continues up to 1.3086 (see chart) without pausing for an official ‘b-c’ breather.  I say “mild curiosity” because I’ve become inured to the possibility that anything of substance could change for Europe. Bankruptcy or hell-of-inflation are the only possibilities, and so it seems logical to view any rally in the euro as a bear rally. Regardless, technicals will always come first, and so we must simply wait and see how well, or if, the futures handle the 1.3085 ‘external’ peak that lies not far above.  Want to learn how to forecast and trade like a pro?  Click here for a free trial subscription to Rick’s Picks.