Dollar Down Yesterday

After most of the day with the Euro sailing down & the Dollar heading up yesterday, the minutes pushed the Dollar down in the evening. The Euro at present is range bound and has not produced anything for us to get a new confirmation of direction which still suggests the Euro is heading down.
Unfortunately my sell stop was not triggered and missed out on the move down (remember sell the rallies?).

If unsure of what the Euro is doing (which most people are as the unfolding waves are complex) then stand aside and wait patiently for a sell signal. Use fib and swing lows to evaluate appropriate entry points based on a 60 minute chart.

I will not have time to post in the morning tomorrow so I will try to post this evening with a chart.

My opinion is over all the Euro will still be heading downwards be it with some bounces on the way.

Good luck.