Dislikedhi smikey, the 200pip gray band you've drawn is the potential reversal zone everyones gotta be looking at now....the gartley-turned-bat 0.854/0.866 is playing out
i think we have seen eur underperform gbp, eur crosses (eur/chf-SNB giving up) taking a hammering with risk aversion back on the table....dont know too much abt the fundamentals but that huge move up in '08 is a valid XA move with this ABC leg coming down....long bars dwn on the wkly and mthly do look ominous as we like the move to decelerate into entry....8000 psychological level strong...Ignored
Gone to a better place