Apart from the area posted on Friday (1.13 and below - .886 ABCD) the Euro may also encounter strong support at 1.1240 (1.128 ABCD).
Since the latter scenario includes a backtest, I guess it is more likely to give a significant reaction.

jim, thanks for your long post. I don't actually use the cci's as my primary tool, so I don't fit in with the people who see only one thing. I use them to confirm other tools, just as a way of looking at time. It's odd that the traders you mentioned never answered because I'm sure they have things to say that would be worthwhile....

Euro may have some troubles here.

Before reaching the resistance, it may drop to 1.1410.

It needs a deeper correction.

uso then and now....eye on 19.93 - 20.02 in the red fib box

tagged

Nice charts crew.

Is the pop over? I hope not, I was expecting a run into the Friday close, at more new all-time highs. Give it to me, baby.

Looks completely done, but I'm still watching to see if they come in somewhere around here.

They did come in right there. But will they follow through, or chop/down? It's a tough read for me. I'd like them to gun it some more, but they may save that for next week.

Mini-session runs for 45 minutes on Friday, and it sets another new all-time high. Gonna be sayin' that a lot...