EURO has been in a strong downtrend since FEB,18.
Apparently it might be in making of 5 wave structure.
If that's the case then 4 waves are completed and now heading down again for 5th wave.
5th wave of the daily structure is in also making of 5 wave but in that case 4th wave might completed now and now on it is going to complete 5th wave.
And might respect to the 61.8% monthly FIB level then shoot up again.
DIVERGENCE also appriceating the Short.