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MarcinO
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I had to update my areas for the Euro. It hit quite a confluence at 1.1175 and may need some time before going down again to 1.1090, for which the best timing factor is on the 3rd.
Two areas are based on flat and DB ABCD - 1.1245 and 1.1280.

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6e 2015 03 01 png
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MarcinO
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2101 looks nice, but a bit too obvious.
2093 is more likely scenario in my opinion, with a possible move close to 2009 before going down.

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es 2015 03 02 png
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MarcinO
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1.1242 is HOD and has given 30 pips reaction so far.
I'm waiting for bullish ABCD to fail, but you never know...
Originally posted by MarcinO

I had to update my areas for the Euro. It hit quite a confluence at 1.1175 and may need some time before going down again to 1.1090, for which the best timing factor is on the 3rd.
Two areas are based on flat and DB ABCD - 1.1245 and 1.1280.

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MarcinO
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Right now Euro is in a place where either we will see a rapid continuation to the downside or at least one more push deeper into the PTA, with a potential to go the next level up.
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MarcinO
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ES can go down somewhere between 7.75 and 10 to the lower area.
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MarcinO
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I was wrong with the ES, but Euro followed my favorite scenario, doing a small fakeout before the swoosh.

Originally posted by MarcinO

Right now Euro is in a place where either we will see a rapid continuation to the downside or at least one more push deeper into the PTA, with a potential to go the next level up.


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es 2015 03 02 follow png
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MarcinO
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And ES has some lines which may send it down around 2015.
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rat89
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uso abcd to .447
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screen shot 2015 03 02 at 11 32 32 am png
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rat89
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screen shot 2015 03 02 at 10 45 32 am png

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screen shot 2015 03 02 at 12 22 08 pm png
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rat89
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screen shot 2015 03 02 at 12 49 31 pm png
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MarcinO
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Between 1.1180-70 Euro may encounter serious support and need larger correction.
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jimkane
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Armstrong: "The Euro will make a new historic low under 82 cents which was the 2000 intraday low."

Source: http://armstrongeconomics.com/2015/03/06/the-euro-destined-for-80-cents/