Euro Daily Chart

The daily outlook is a little different short term to the swing trade outlook as seen on the Weekly.

Although the trend is down it maybe we come across a short term bounce around the 0.786 fib shown in red at around 12625-12561 so watch price action around there. If we deal below 12500 with a pullback and continuation below 12500 then that would be a good sign to continue our downtrend.

Have a good weekend.