Hidden Pivot analysis gives us key levels to watch on either side of the Euro’s eight-day trading range.  On Monday the futures made a low ten pips above the midpoint of a small, bearish pattern on the daily chart.  That midpoint, at 1.2613, remains tradeable with a tight stop.  A print five pips below it would signal further downside to 1.2445.  But if the Euro were to move up and out of its current range, it would cancel the bearish pattern and, by touching 1.2881, confirm a much larger bullish pattern aiming as high as 1.3763.  (Posted by Doug McLagan) ______ UPDATE (2:30 p.m. EDT):  The 1.2613 midpoint is no longer tradeable, as the pattern was broken by today’s rally.  1.2881 was not reached, but the Euro impulsed up on the hourly chart.