EUR/USD

There had been a trend on down days in which the Euro gained strength and the dollar lost it after the European close, we are at that time and there are changes in the Euro, they are not conclusive yet, but moving fairly well.

 The Euro/USD since yesterday's close, one theory was that ES had filled the gap and therefore the Euro was no longer needed to support the market, the other was that the Euro would consolidate before making a run to break through the Euro's gap down from Sunday night, what happens over the next few hours could finally shed some light on the situation now that a lot of stops have been run.

This is roughly the trendline the Euro needs to break over to see some momentum to the upside both in the Euro and the market as a whole.