My bias for EU was for it to hit this target and reverse. The way DXY looks right now I'm not sure if it is to turn bullish at this point so that it pushes EU down but I'm sticking to my bias that the sell pressure comes into play here. Along with the information we see on the charts I'm also watching order flow. Yesterday there was a significant amount of Long Liquidations. Showing that big money took off positions in this area. And from here there has been Short positions stepping in. So long as all the evidence keeps lining up thats good. If I'm right and we get a solid break in structure on the down side we should get a significant push for 200+ pips. Being that we can not predict the market, Only move with it...We will monitor and see how it goes from here.
