After a very large 160 pips between high & low in today's session, history suggests only a bit more than half that in the May 22-23 session which is about to start. I show S1 at 12622, R1 at 12782, S2 at 12560 and R2 at 12880. Sive doesn't trade S3 or R3, but the euro came within 3 pips of reaching S3 today. The entire 160-pip move today was down, which shows the immense bearish dynamic pressure. This suggests, to me at least, that the chance of a DRPO close tomorrow above the green 3x3 MA line is not very good. It seemed like a lot of people "joined the party", as Sive puts it after yesterday's retracement. I suspect even more will join at this new session's Pivot Point at 1.2720.