FX:EURUSD Euro Fx/U.S. Dollar
EUR/USD continuation triangle plays out - next move lower
I am skeptical of targets but if I had to identify one I would say the 1.2550 area. Project the fall from early May to mid May and its about a 350 pip drop. Do the same from $1.29 which is the apex of this triangle and that would bring you to $1.2550 but like I said I find projecting targets tricky.