Yesterday, we saw Euro Broke Down from the chart pattern shown to point one, but took off once again into the pattern. It went to Point no "2" and failed to go above the prior high marked "X". Now it is once again below the trend line. This kind of reversal normally has disastrous results. The reason is the "Renewed heavy selling". This will enter into a fierce mode, once it breaches point "2". We will see the effect today. It might be really amazing..
