EUR has been going up until the maximum in 2008. Since then, it has gone down in what looked like a distribution pattern that finished in 2014. It crashed the minima at 1.2, 2010 and 2012 (so no distribution pattern), and right now it is under control in the range marked by the two parallel red lines: from 1.06 to 1.15. The break of the range should mean a big movement afterwards.
It seems there will be an attack to the euro (news about Deutsche Bank, Italian banks..., problems everyone knew for many years) and theoretically investors will try to find a safety net in the USD and gold. However, the movement in the EURUSD hasn't been that great as we can see on the chart.