Last week, we first saw signs of topping in the EUR/CHF, while other Euro-crosses struggled to top off, and in fact some continued to make higher highs like the EUR/USD. Today had we a more concerted effort in euro-crosses to top off. The EUR/JPY is confirming a last Friday’s strong bearish signal. The EUR/GBP broke below important support levels. The EUR/AUD continues lower after confirming a head and shoulder pattern. Finally, the EUR/NZD turns lower after a Gartley.
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