Short Euro on Short Squeeze Spike

FX:EURUSD   Euro / U.S. Dollar
549 4 6
We are seeing some profit taking and a shakeout of weak short euro             positions on the back of a better then expected consumer confidence number out of euro             ... expect this to fade later today and early next week as the US fundamental position is fully realized as being strong and taper expectations sink in fully.
Highly Informative Chart!!! I agree with your target zone, in fact I have a target of 13600 for next week and believe price further to fall below this level. However, I do think we may see the market taking a stab at the 13720 /30 level in order to take out the stops situated in this area, before price continues its downward path. Good Job, Thanks for posting and good luck ;0)
this is our opinion...
grerat chart and excellent explenations

thank you for sharing
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