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By Jamie Saettele, CMT, Sr. Technical Strategist 30 August 2011 15:03 GMT Yesterday's LE of 14440 was triggered.

The EURUSD continues to probe the highs of the last several months, giving scope to a breakout towards the June and May highs (14694 and 14942). Structurally, I’ve maintained that the consolidation since the May high is just that – consolidation. Favor a break higher as long as price is above 14256. The final subdivisions of a triangle may be unfolding now.

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30 August 2011 15:03 GMT

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