EU got a pretty good bounce as US markets opened after Holiday weekend. That bounce looks like running out of steam, and has backed into a Strong Fib. IF the bounce is done or is to pull back, right and right now would be a good spot.
NOTE: I have been on vacation for most of August, just now returning to trading. So still getting back in the "rhythm" of each asset, starting with EU here.
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My "Big Picture" call for 1.07xxx still on track! Check this Idea posted over a year ago:
It all started with shorts at 1.25xx , thats right, 1.25