Euro Daily Short Term Strength

We will get some action to the upside, however temporary
before the Bear resumes. Above is a daily Chart which is
showing strength but more visible on the hourly Chart below.

EURO RESUMES ITS DECLINE





DAILY COMPACTED CHART RESUMES ITS BEAR MARKET, EXPECT PLENTY OF DOWNSIDE  ACTION WITH SOVERIGN NATIONS THREATING TO WITHDRAW FROM THE EURO AND 11 COUNTRIES AT RISK OF DEFAULT. SPAIN WILL  MOST CERTAINLY DEFAULT WHICH WILLAFFECT  LENDER BANKS ACROSS THE EUROZONE AND TRIGGER A DOMINO AFFECT. SPAIN WILLNEED A TRILLION EURO BAILOUT.

EURUSD DECLINE RESUMES ITS BEAR MARKET

(1 HOUR BARS COMPACTED CHART BELOW)