The Euro looks bearish here along with oil. It has been in a macro downtrend or downward parallel channel since 7/08' which only accelerated the downtrend in 9/14' with the accompanying rising dollar and falling oil prices which the rising dollar is inverse with most currencies and oil. Right now.......the Euro is consolidating along w/ Oil & USD. When USD starts rising again and continuing its uptrend........both Euro and Oil will continue their downtrend. Euro is showing a macro bear flag here w/ tgts. around .90. As always.......watch volume for confirmation.