EURO MELTDOWN?EUR/USDOANDA:EURUSDMrHowMuchEvery pillar just moved further in the bearish-EUR/USD direction simultaneously: oil spiking on war-escalation risk, yields pushing higher, a December Fed hike now fully priced, and French banking-sector stress spreading beyond sovereign bonds. This is a meaningfully stronger confirmation of wave 5 continuation than what we had yesterday. ‘Intervention’ soon too.