Euro has been struggling to break out of the 1.17-1.19 range for a few days now which has lead to the possibility of a triangle that is evolving. It is quite early to assume a triangle but keep an eye out for the triangle possibility. If it turns out to be a triangle then the possibility of a new impulse from 1.1668 will be pushed back as we will have one more leg of correction lower below 1.1668 before we get the new impulse higher.
Good Luck Traders.
Good Luck Traders.