Summerset
Short

Short Eurodollar to 3430

FX:EURUSD   Euro Fx/U.S. Dollar
45 0 0
The Market has been correcting in a string of double tops or H&S (s), that take each about 2-3 days to mature before breaking lower to test the weekly low pivot. The current double top should eventually take price down to 3430. (This month's pivot low). This Week's pivot low is @ 3390. From there (lowermost boundary of the diagonal) I expect, the Eurodollar will take off again to 3900 (upper diagonal boundary). In the mean while I have sold market with stops > 3630 to target 3430. (The monthly volatility pivot low).
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