Sellers have breached a 1.3242 downside target that I'd originally flagged as a back-up-the-truck number. The overshoot was 30 ticks, and although you still could have easily caught a profitable bull trade using camouflage, initiating a long position shortly after 9 a.m. EST from 1.3240, the fact that the low had already overshot my downside target by 30 ticks implies unambiguously that the euro has significantly further to fall. My new target is 1.2933, and it comes from the daily chart, where A=1.4450 on August 29.
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