Is that a TREND REVERSAL set up on the EURO?

I am expecting the Euro to rally up to the Supply zone from 14 OCT which is also a wave 4 and 38.2% FIB level. This confluence area is where the BEARS will fight to keep the EURO down.

The BEAR PIT (supply zone) between 1.2879 and 1.2696 is where we will see the bears fight back.