We have been short EUR/USD aiming for 1.09 for while and the next move from the current level at 1.15 is crucial. EUR CPI has come in slightly higher at 1.7% actual vs 1.5% expected and US CPE core came in at 1.6% actual vs 1.7% expected. However, this has not resulted in much price action as key is Wednesday's FED meeting but if the FED is less Dovish than expected we will reduce risk and look to go increase our short position at a higher EURUSD level.