Summerset
Short

Short Eurodollar to 3430

FX:EURUSD   Euro / 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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