EUR/USD bounce is a spike, soon to be reversed Short

Euro Fx/U.S. DollarFXCM

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⋅ Dec 4, 2014 5:24 PM

Today's bounce in the Euro, in immediate response to Draghi's speech, is, in my view, just a mini spike, caused by Bulls waiting for an excuse to buy. The graph has turned down at this minute in time, and will continue downwards.