EURO/USD downside potential: We are still in triangle formation and due to late exit, potential for move after a break is limited, no matter which side. In such cases (late break) there may occure "trap break", meaning that we may get a break, followed by sharp move back. Phsycology behind such move is simple: market was uncertian regarding the way next move will be (triangle), and there was no certian sentiment for so long, that market was tightening the trading ranger untill it got into almost no range/flat (look at friday - 50-60 pip range for euro). After the "break", any opposite move may provoke market to change its opinion. Therefore, in case I trade, my strategy will be as follows: I still think we are most probably going to get a break downside, therefore I will be trading for break in that direction, but will try to short as high as possible. I will close half position at recent low of 1.1145, and second half will be targeting 1.1065. I expect sell to occur on Monday. Stop is about 30-50 pips, and will be moved to breakeven after 30 pip move in position favor. Cable is next.