A breakdown in the Euro is imminent

Aktualisiert
Daily structure has enough supply to take the Euro down at least 2% from here.
Snapshot

1.10 handle is next. I expect the breakdown this week, maybe today.
Anmerkung
Possible we get one more test into the 1.13 handle in the form of an advanced pattern.

Snapshot

A *daily* close above 1.1370 invalidates the pattern.
Anmerkung
DXY (US Dollar) closed on the 1hr chart.

Snapshot
Anmerkung
Based on this target range in DXY, the next level is 1.1155 in Euro.

US Dollar (DXY) is still moving up in a staircase like fashion
Anmerkung
This is turning into bullish price action.

Snapshot
Anmerkung
still short..
Trade geschlossen: Stop wurde erreicht
on reversal above red.
Chart PatternsDXYEURUSDS&P 500 (SPX500)Trend Analysis

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