Lovely chart, SignalSuisse! Anyway don't you consider one more step down and a reversal confirmation here? I personally would wait for ~1.1020 and then go long for something around 1.15 and probably even more. Not sure if 1.1480 will stand for long. Too many things are pointing on USD weakening era and I hope I read them in a proper way :P
Actually how this rapidly declined?? is it due to Greece issue or US NFP reports???
I knew that Draghi comments caused slight increased in EUR and slight increased of EUR:USD charts and later Rapidly declined but why it is declined??
I have found this, it´s in German, sorry for the inconvenience ;-) but we can translate ... I'm not sure I understood everything... maybe someone can translate the implications of that in a simple way? á la Axis points Vola= illiquid markets = Summertime +/- EU fight against deflation .. for example ? http://www.boerse-social.com/2015/06/05/draghi_und_die_volatilitat_marktkommentar_von_kai_johannsen