EUR coiling up to jump off the cliff if German IFO's disappoint

FX:EURUSD   Euro / U.S. Dollar
237 0 0
- Capped by downward channel , ichimoku , and 0.382 Fib all in 1.303-1.306 range
- German PMI's disappointed last night. Expecting this to continue into IFO's
- ATR at monthly low is an indication of its preparation for a large move

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