Looks like we keep popping off different levels in this congestion to go get leg start around 0638. Next pop should take us to what we lost at 1070s. Possibility of 1210, but not sure at this point.
EU as bullish as it appears may have only went to the 1.1370s to exhaust the range so we can head lower; however, the momentum on Monthly has already begun to shift bullish. I realize this may seem to be a crazy target, but I believe we possibly may test this last level before reversing to test what was lost from distribution at 1.1892
Big Opportunity Long. UJ came to test what was "blown through" in the leg up. The distribution left a level untested at 112.11, which is what we currently came to test. We have been in accumulation ever since. Looking for big move up soon. This is all to clear support and offset the massive momo up.
Since late 2014/beginning of 2015, it appears EU has been in massive accumulation to offset the momo from the big drop. Accumulation in this respect should only be to test what was lost around 1.2K area. Right now I believe we will test what we gained from recent accumulation.
