Possible Retest of Lows

We may have to come down to the Year Pivot. Still in the channel. $DXY $TLT $SPY $GLD $USDJPY

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Maybe 1.1500 does the trick. We just keep getting pounded with EU bad news.

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Daily momentum (bottom indicator) is still pretty bearish. Getting a sell trade signal.

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Huge bond dark pool sell prints coming in today. USDJPY has been travelling in parallel with EURUSD so if bonds selloff and UJ gets a boost, EU will go up to.

I am eyeing this channel closely on 15 minute to see if it gets broken.

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Possible double tap on this channel before heading lower. Still watching. The weekly pivot and CAM R3 pivot are holding it at bay for now.

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Another dark cloud cover, this time on 1 HR

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Dumped this trade early.
While EURUSD did not break that channel, DXY did and in fact back tested it from the outside. It is losing momentum here.