The Euro is under major monthly support
Euro / Dollar Parity is in the news, but honestly this currency can go much lower after a minor bounce. Any test of 1.04-5 is an objective short on the euro. Targets are .70 and .55. I know that seems improbable, but the fibs and descending triangle pattern are pointing to those kinds of levels. You can check out what I say about the dollar which I've been bullish on since it was in the 80's.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.