APosner
Short

the euro rebound ends shortly

FX:EURUSD   Euro/U.S. Dollar
169 0 2
Current Situation:
- Euro             rallying after massive Brexit fall
- In the medium term, EUR/USD             is range bound since January

Looking Ahead:
- Price now retreating from short term minor trend line resistance
- Possible reversal patterns forming
- Close below 1.1075 confirms the selloff to support near 1.0525 has begun

Notes:
- Expect not only expanded stimulus from the ECB but pressure from Euro             area governments on the ECB to support fiscal stimulus efforts by loaning more money to Eurozone banks.

More analysis and information here: Sea Lion Capital Management LLC

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