Calm After The Storm

We will look to catch our breath today after Friday's wild swing. Between the US CPI data and the US TIC data, we saw a 128 pip swing in the EUR/USD.  That's the situation we hope for when trading with the Institutional System. Action in the London session has been very choppy, but we see a large descending triangle froming. Current momemten is neutral but we will watch for a breakdown out of the triangle. The EUR/USD pair is much closer to that instead of resuming an uptrend. Our trigger is set at 1.3077.