Operators' intentions read by 
The forecast expected a quick drop during early European session and then qucik rise from mid european session till close of the late European session before the drop for us session.but as the players are busy handling the crosses - they made up and down moves in USD/YEN and swings in euro and gbp and other pairs.Since the rise in late european session is not very significant- the fall during US session could be significant.that you set the trend till mid week.
Regards
Dr.Sivaraman