It first formed . Not sure whether you all managed to catch the long or not, but it has been a nice 3 month BULL run since Dec 2015. Anyway, it has now formed a nice . the pattern nicely completed at 1.382 time extension of XB. then started to fall. First target 1.11 area. 2nd target 1.09.
Euro should provide some good Carry Trade for other pairs. Let's check them out.