EURUSD

Not a lot of upside created in price overnight, although momentum has reset enough for me to be interested again in being short. Price has held under the 80day & 5day FLDs, which brings the 10day, 40day & 160day FLDs into the 'ladder', sequentially. I am looking for the 20day to be hit somewhere on its route and to do that, price will have to get through the rest first, along with the 20/50 & 100day SMAs. A tall order if that lot wants to be support, but a lot of stops in a tight space if that is what the market wants as fuel. For now, the 5/10 & 10/20 day trends are downhill, so I'll keep following them down until they turn up - the momentum study on the 12hr chart (last) suggests there is some room to go, albeit price is fighting that new 80/160day bullish trend, quite fitting given I am looking for an end of month low in the cyclic phasing work.