This is just a “heads up” opinion of what I’m observing since the NY session started today.
The EurUsd (EU) topped out @ 1.2730 and then fell to 1.2624. We had a target in the room around 1.2605. If you’re watching during the Asian, and IF the low is in place, then plot fibs from the abovementioned swing hi/lo. IF price re-approaching the 382 of that move, I’ll be looking for a “bounce” lower.