We have been in a range since last January and sooner or later, it has to break out and it is going to be big. I am expecting it is due for a good down side and now the PA is starting to support the bear view.
But do not hurry and rush in as the traps are still everywhere,
We have ECB on Thursday and it is going to be big.
Level to watch: 1.226, 1.221, 1.215 and 1.232, 1.24, 1.243