The daily pnf for FXE has had a downtrend in place, without any progress, but with objective of 111. This would return FXE ti the upper area of a long consolidation ending mid 2016.
It may be that stocks, gold, fxe, and maybe bonds will act in a synchronized fashion with cyclical extremes in late May-mid June.
Oddlot
Stay on the right side of the cycle!