euro is pretty much done with the swing low from 1.1xx handle and now trading water till ECB , the push and hold under 1.058x last couple of days is what worries me as it delivers a strong bearish signal across the board , a breather above 1.07x is norm , consolidation area under 1.068x give bears the upper hand , at least few ticks lower , positionning pre ECB is crucial for next swing , leg down to 1.049x would clearly open sub 1.02xx else 1.077x and above would make the leg up to the highs more viable through 1.11x handle for the rest of the month . 1.127x is a level where I would look before parity in most cases . let's wait & see how it plays next few sessions for confirmation.
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