Having taken a big backstep against the pound this week following the announcement of a snap election by the UK, I believe the Euro could take a bounce back towards the top of the range (.87), should the French elect centrist Macron, most likely in a second round on May 7th.
Tight stops below most recent lows of .83, likely big volume coming in the next few weeks.
Tight stops below most recent lows of .83, likely big volume coming in the next few weeks.