eurusd-hourly-6-feb-09

Basically, if it were an animal the humane thing would be to put it out of its misery, and with chart patterns like the ones on the attached charts, tonight could be the night that happens.

It is HIGHLY likely London will have a go at the downside in the EURUSD early on in the session, and as the Daily EURUSD chart shows, a break back below 1.2700 should see us test the all important 1.2500 level.

eurusd-daily-6-feb-09