1. In Fridays (October 16) Williams edge live meeting it was noted that while the December euro had the possibility of a wildcard advance (a much larger directional move upward) the normal position for the December euro into early this week was a further decline and test/attempt at $113.20.
2. Today (Monday, October 19) the December euro declined and completed the $113.20 downside target (today’s session low, $113.18, so far). This completes the normal position for the December euro and may prompt a subsequent update. Will update as the market confirms.