Now that the have started decent rallies recently on one hand and ECB's Draghi today has signaled a willingness to expand the program if needed, this rally is doomed to end. The ascending is going to break today and this is a good opportunity to go short. More conservative traders might wait to see the break down of 1.5398 support and then go short.
Stop loss level should be put at 1.5822 swing high. That was the last time the bulls tried to bounce off the .
Ali Sharif Azadeh, CFTe