Wave summary:
We continue to look for a clear break below support at 131.14 to confirm that wave (D) has completed and wave (E) lower to the ideal target near 123.43 is developing. Short-term we could see a minor pop to minor resistance near 132.75 before turning lower again.
R3: 133.13
R2: 132.75
R1: 132.32
Pivot: 131.80
S1: 131.14
S2: 130.81
S3: 130.39
Trading recommendation:
We are short EUR from 133.10 with stop placed at break-even.
