03/06/2016 – Euro

March euro:

1. In Fridays (March 4) Williams edge futures meeting it was noted that a daily close below $110.20 in the March euro would indicate a tradable decline and test/attempt at $109.50 into the week of March 7.

2. Subsequently, the March euro closed daily below $110.20 (at approximately $110.07) and today (Monday, March 7) completed the forecast decline to $109.50 (today’s session low, $109.41, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the March euro.

David Williams