You can see a gap on this chart. So be patient and wait until it gets filled. After that I place a short position. It is basically a technical trade but... Euro is in trouble. Fist their is Greece and it's possible haircut or Grexit. Secondly the situation in Ukraine and sanctions against Russia. And of course the debt problem of major EU-Members like Italy, Spain and France. TP 1.388 SL 1.446