Refer to my posting in this regard today morning. I had shown a bearish formation on the 480 Min Euro Chart. During day time, It tried to reverse which took all markets up. Now we can see that it has failed miserably and getting lower. It is now getting too close to the recent lowest low.
If it breaches the low (1.2144) we may see panic selling once again
Let us wait and watch…Interesting moves ahead…
