EUR has dropped yesterday to 1.2918 ahead of 23.6 fibo retracement from 1.2042 to 1.3172, and then stabilized around 1.2950 value. In early Asia EUR found some buyers and progressed some 30-40 pips currently trading @ 1.2995. I'm expecting to reach 1.3020-30 resistance area. This maybe broken if the price stays there for 4 hours and we may go to 1.3090. Then you should be very careful, because there will be 2 opportunities - first to make a lower top, and second to test 1.3120 and then 1.3170 and then 1.33 - it will depend on fundamental factors mostly. But this will be the next week. I doubt today as it is the last trading day of the week to break 1.3090.
Most possible scenario will be test of 1.3030 with a false break higher and then return to around 1.3010-1.3020.
GOLD descended also because of the dollar rally, but ended the day near 1770 as forecasted, high level consolidation is still in place, break higher will follow. We are bullish above 1752. Stop below that. First target 1788, second 1800, then a continuous wide range consolidation will follow.
For today LONG EUR above 1.2960 SL 1.2940 TP 1.3030 1.3080
alternative SHORT EUR below 1.2935 SL 1.2965 TP 1.2880 1.2850
LONG GOLD above 1765 SL 1762 TP 1785