EUR/USD - We now have a break below support at 138.65, which has opened up the downside towards the next support-area between 134.26 - 134.83, but longer term we should see a decline towards 128.71 - 129.03.Resistance is now in the 139.36 - 139.61 area.
Gold - The possible S/H/S top is still developing. I'm looking for a break below 1,853.39, which will indicate that the a top is in place and a test of important support at 1,797 soon should be seen, but it will take a break below 1,797 to confirm the S/H/S top and that a decline 1,665 is in the cards.
Crude Oil - Here too a top is most likely in place, which has ended the triple zig-zag from 76.08.We need a break below 86.50 to confirm the top and a new test of support at 76.08 and longer term my target near 72.
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