Forex Positive

EURUSD bearish momentum

FX:EURUSD   Euro / U.S. Dollar
Here are 3 reasons for the bearish momentum in EURUSD             to continue

1) FED strongly hinted for a possible rate hike in Dec
2) Really strong all-round NFP numbers for Nov
3) ECB increasing QE in Dec meeting

There is a distinct possibility of seeing EURUSD             touching 1.0000 parity next year in 2016.

Look for relief rally to go short EURUSD            

Short EURUSD             1.0820-30
SL above 1.0900
TP 1.0500
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