Russell and Euro update

Russell bounced from the blue shaded area I showed in my previous post here. There are three different resistances at exactly where it stands right now. The red channel resistance, the potential H&S right shoulder resistance which I showed with blue line, and finally the potential declining channel support which is shown in green. 

Despite very bearish sentiment about Euro, the currency looks like getting prepared for another leg up if it breaks up the red support. If it does and makes a new high the green channel will be confirmed and the target would be 1.33-1.34 area. It may still break the red triangle downwards though. We will see.