FX:EURUSD Euro Fx/U.S. Dollar
The EUR/USD may be getting ready to break down on the back of a zig-zag XABCD formation, with the 61.8% holding up. We're not interested in selling the breakout itself, however, we will be interested in following this possible breakout for a possible pullback to the descending trend-line and support-resistance zone. At that point we'd be sellers, looking to attack the 1.23570 lows.