EURUSD: targeting 1.3550 for 'B' down complete.

It looks too late in the day for price not to be looking to create that momentum nest on the 4hr chart. This tends to coincide with a confluence on the daily bollinger (20x2.25) which on this possible drive down may be at the 50% retracement of the move up from 1.3294. Given the positioning of the regression channel down from 1.3810, an ongoing diagonal is likely, although it still looks like it needs more filling out before further falls. Price is riding the underside of the regression channel up from 1.3294 and whilst that holds, I am expecting a push down to the 262x of Friday's drop at 1.3577 currently, although again, we may get a bounce for a wider correction at the 162x at 1.3622. Expect anything I guess but I want the deeper target to move shorts off the page and take ride up again into 'c' of 'E' of big 'C'.