Euro Weekly and 5-day pattern
Euro finally above 1.2054.
Expectating the euro to continue towards the 3-week 50% level @ 1.2195, but as per weekly report my view is a swing back towards the 3-Week highs @ 1.2458.
Today:- for the euro to move higher it needs to breakout of the 5-day highs.
Therefore there could be a push back down into 1.2054 to verify support.
Heading towards the June 50% level....
But Thursday could move back and retest the Weekly 50% level @ 83.85