The recovery of the Euro has finished

The dollar's strenght is back. The EURUSD tumbled to 1.12436 in the Asian trading session. At the beginning of the european session we have seen a positive releases of the eurozone:
           -French Manufacturing PMI (50.5 vs 49.5 expected)
           -French Markit Composite PMI (53.4 vs 52.3 expected)
           -French Services PMI (54.1 vs 52.6 expected)
           -German Manufacturing PMI (51.9 vs 51.3 expected)
           -German Services PMI (54.2 vs 53.0 expected)
           -European Manufacturing PMI (52.5 vs 52.2 expected)
           -European Markit Composite PMI (54.1 vs 53.5 expected)
           -European Services PMI (54.4 vs 53.6 expected)

But even the good data, the EURUSD has gone down. The main reason, the doubts about Greece and the weakness of Europe as an economic union. On the other hand US released good data.
           -US Core Durable Goods Orders (MoM) (0.5% vs 0.6% expected)
           -US Durable Goods Orders (MoM) (-1.8%)
           -US New Home Sales (546k vs 525k expected)
           -US New Home Sales (2.2% vs 1.5% expected)

 EURUSD 15 Min  23/06/2015

The daily trend, only this rate bounced back around 15:00 London time.

 

 

EURUSD 4Hours 23/06/2015

 

As you can see in this chart, the EURUSD broke the "triangle" two days ago. Today's downfall confirms that the recovery of the EUR has finished.