FXE Euro

Contagion is back in the fear cycle and now we have seen a shift of the spotlight toward England with tising inflation and unemployment.

Here's the Euro, which I'm bearish on.

 Here's the fractal nature of price action, a daily H&S top and below....

 This is an hourly H&S top which is circled in the red box on the above chart,

3C looks perfect for a H&S top and it may bounce to the area of the white box, ultimately though, I'd say the Euro is going much lower.