The break below 135,68 friday was the final nail in conclueding, that the rally from 128.63 ended at 138.61 and the decline from 138.61 has been a five wave decline, which at least tells us, that the short term if not longer term trend now has change to down again.Wave i or a ended at 135.41 and we should now see wave ii or b moving up towards at least 136.78 and more likely into the 137.38-137.60 area, from where wave iii or c should kick in.
Selling EUR in the 137.38-137.60 area should be a low-risk selling oppotunity.
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