• EUR crosses made more significant losses on Friday and I continue to play the EUR with a bearish bias;
  • The break and close below 1.3550 in EUR/USD will turn short-term sentiment bearish imho;
  • EUR/GBP is headed to .77 I think and is currrently in a solid downward channel between .81/.84;
  • EUR/JPY is trying to form a topping formation but needs to break and hold below 140.00 to change momentum there.

Most pairs are currently trading around their NY closing levels from Friday.