Euro Daily Chart Review

The Euro is in a long decline but had a little counter-rally this morning.  I think this Euro bearish phase is still a long way away from finishing as I would like to see the Euro fall below 1.04 first.

The Euro choppy phase started after a 4th wave completed so I expect that to continue right to the end. The Euro and the USD have much of the same pattern but inverse to each other.

When the Brexit Plans may seem to work then I can see the Euro react differently, but we may have to wait until the snow falls before we see positive results.

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