Euro crushed 2005 low, now where next?

FX:EURUSD   Euro / U.S. Dollar
EUR/USD             has crushed 2005 low and now I would expect him to reach 0.38% fib (1.1212) or 1.0743 which has been a important level. Keep watching this 2 levels. However, I do not recommend to sell in current levels especially with Draghi speaking on Thursday.

Bellow the 0.50% (+triangle line) I am bearish: 1.2133

Good luck!

Thiago Duarte
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