The euro was the worst performer this month. After touching the highest since 2011 on May 7 the pair reversed and will close below the April lows, forming a bearish outside month. The trend since late 2013 has broke and the euro will probably close slightly below the 200 day moving average.

euro monthly
In the big picture it’s still too early to call a top but it’s starting to get tempting. Below 1.3500 is a clear sell signal.