Right now the Euro is stuck between demand at 1.32960 and supply at 1.35160. There really isn’t much to do at the moment as far as opening a new position goes. Overall it still looks like it wants to go lower to the demand at 1.32960.
Looking at the bigger picture, it is still in an uptrend, with the 50% retracement of the larger move coming in at 1.30200.
Patience is the name of the game at the moment, don’t get chopped up in the middle of nowhere.