early morning chart: eur/usd

the eur/usd this morning so far is putting in a reversal and displaying  a long tail above its head (bearish if it closes this way).

also note that this is occuring right between the 50% and 61.8% fibonacci retracement of the latest swing from the late August highs to the early October lows. 

if the euro comes under pressure again here equities shouldn't be too far behind.

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