Euro: Takes a Break

We’ve had a nice little sell-off in the Euro. But it might be time for a break and forming a little “left shoulder” on the daily Euro chart.

Longer term I’m still uber-bearish on the Euro – it’s the weakest of the major currencies and for good reason:

Plus we’ve got to go “Pull Back” to “End of Trend” on the weekly chart with Exhaustion Selling – and we’re miles off that. But we’re due for a little pause.

Click here to view the Euro video on the website.

Good luck with your Emini trading.