[EUR] After the Adjustment, Rally Goes On?

EUR/USD 1-hour chart, source: forexfactory.com

The surged Euro in last week is under the adjustment in a week. In 1-hour chart it made a mild-forming double-tops pattern and declined. But it doesn't seem to keep strong US Dollar.

In the case of currency pair EUR/USD, it moves step by step. It hardly surge and dive. Once it rockets, it moves back and steps a ordinary process, in case of the plunge, too.

After the rise in last week, Euro hesitate the step-down process. I expected it steps down till 1.1220 or higher. But it revised late week in the end. Though it declines it will be supported on some 1.1220s price band, I guess. And the upward trend line in 4-hour chart will support the price of the currency pair.

It is read at http://cafe.naver.com/gjallarhorn/28, too.

EUR/USD 4-hour chart, source: forexfactory.com