Eurusd is seeing a nice bounce partly off of poor US data and partly due to structural flows stemming from extreme short positioning in euro being re-balanced and end of month flows. Greek drama is still in the air and US rate hikes are inevitable. With the ECB expanding their balance sheet and continuing on with negative rates all of the momentum remains to the downside. Technically we hit the big fib retracement for the trend on the daily tf making for a nice entry. Ill target Parity and use the 100 day SMA as a barrier in between price and my stop.