A breakdown in the Euro is imminent
Updated
Daily structure has enough supply to take the Euro down at least 2% from here.
1.10 handle is next. I expect the breakdown this week, maybe today.
1.10 handle is next. I expect the breakdown this week, maybe today.
Note
Possible we get one more test into the 1.13 handle in the form of an advanced pattern. A *daily* close above 1.1370 invalidates the pattern.
Note
DXY (US Dollar) closed on the 1hr chart.Note
Based on this target range in DXY, the next level is 1.1155 in Euro.
Note
This is turning into bullish price action. Note
still short..Trade closed: stop reached
on reversal above red.
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