Daily



The bullish spin is that the XEU is "consolidating" gains. 120 remains significant support..with trend-lines there to warn those with twitchy fingers.

Weekly



Not the most promising chart pattern. The XEU needs to prove itself. Any vigourous movement south should be taken
seriously.

Gold/Euro Ratio



Gold has been outperforming the Euro..so hopefully there will be a little reaction time for longs in case the XEU keels over.