High in for the Euro?Euro/US DollarFX:EURUSDbenjihyamI know many people have been bullish on EURUSD going forward thinking that it's going to keep gaining against the dollar, but I have a very different long-term view. I think that this level between 1.16 - 1.19 marks the top of the cycle and then we'll see lower prices against the dollar moving forward from here on out. Why do I think that? Well if we look at a long-term price chart, you can see that price broke down from a 30 year uptrend in 2021 and it's now retesting the level it broke down from as resistance. If it can't break above the levels on the chart, then the most likely path is down. I think the downtrend will end at the bottom support. This will likely take years to play out. So let's see how it progresses over time.