Euro is in a downtrend with lower highs not taken out. There is recent support though at 1.128 and a near double bottom at 1.122. If price respects support the upside could be quite large as psych levels can reach 1.4 and beyond. Targets on the way to that are 1.30, 1.32, 1.34 and 1.36. If the previous LH holds and we can break 1.122 then we could see 1.12, 1.116. and 1.112. There is also a gap that was never filled at 1.08 so overall downtrend could continue to reach that. Personally i am still bearish and believe we can go lower but i will remain fluid and see how price reacts at these levels.