Hello Guys,
Matter of fact, the Euro depreciation just begun. If you didn't catch that surge down , don't panic. Next week will offer better entries as more and more people jump, the EUR will jerk up a little bit before continuing with the plunge.
Two technical considerations advised my entry:
1. Notice that bear divergence pattern over the last 20 trading days...
Short opportunity present in this currency pair. Euro has been on the forefront pretty much of this year. Correction is likely.
Sell Stop: 1.395
Stop Loss: above minor resistance at 1.44
Take Profit: 1:2 risk reward
