In my yesterday's comment I said that EurUsd can rise towards 1.01 and, indeed, the pair made an intraday high at 1.0080. This rally was quickly reversed and now EurUsd is trading again near parity. Looking at the price action in the past week we see that although the pair seems to stabilize, bulls are unable to take control, and rallies are sold. From both technical and fundamental point of view, Usd is stronger than its counterpart and I expect a continuation of this aggressive downtrend. 1.01 remains resistance and rallies towards that zone should be sold. 0.97 is a good target for bears.