This is a Daily chart i am analyzing. At the time off doing this analysis EU Has reacted of the top of the bear flag. Its still similar to my idea from last week. The Bulls couldn't pass the bear flag pattern or break the top, and is now going down again. My LONG TERM bias of EU is the dollar will remain bullish. The green level is a strong weekly support level. The month has barely started, if it beaks this green zone, i expect to see downside move to the lows of the flag pattern.