The Euro is in a position similar to the one in the Pound.

So, let's see if we get any sustain past this point here. Do the work, you can see, structurally as well as other ways, why this is a key area to watch. Then we see if it's just a bounce and roll on the way to rat's spot.

72.50-74.00 is my most key area I'd like to see this reach today, but the layers from here to there are 'extensive'. It may be done here at 68.75.

This looks weak/done, but there is also this area around 76.50-.75, which also lines up with the .447 off the top, and that is worth watching, too. But my guess is it's done.

regarding this bounce....even though it's deeply oversold (whatever that means )......one of the key things I learned from roofer is that when the day opens with a gap, it's worth measuring fibs from the center of the gap. By that measure, price just paused in the kz

Yep. I see a pretty snappy rollover starting in here, in the very short-term. Maybe on a higher timeframe, too.

I'd say watch this little bullish ABCD this is reacting to here, but you can all see that. See if it pops but then rapidly weakens, or not.

I expect the rapidly weakens version.

It could roll hard here. Those 'bulls' better be careful.

63.75 area might stop it.

I wonder if they want to flush out a new LOD, and maybe even flush it hard below that. We'll see.

Okay, well, I guess that's it for me unless I find something else interesting to post. See ya, the one or two (or none) still reading this.

"I am"... I said
To no one there
And no one heard at all
Not even the chair

-Neil Diamond