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Short

EURO DOLLAR SHORT TO PARITY

FX:EURUSD   Euro Fx/U.S. Dollar
EU shows very strong short signals, all the way to parity.
On Monthly chart, last candle is a shooting star with a big wick.
On Weekly you'll see a big red candle.
On daily, same shooting star candle, with a big wick.
Needless to say, that is a very bearish signal for EU.
Daily indicates the upcoming week, euro             will go lower, could be very low, all the way to 1.07.
I expect EU to go 100pips lower the next day, meaning it will touch 1.09 at least.
Breaking below 1.10 means a sure opportunity to short EU.

Let's look at Technical Analysis:
RSI is convergent with the drop, and it has more to go.
MACD made a cross on daily, signaling a good opportunity to short, and is convergent with the current trend.
DMI             shows it is at the crossing point where a bearish trend on daily is formed, and with ADX showing weakness of the bullish trend in the last couple of days, signals a good place to go up with the bearish trend .
CCI is convergent with the drop.
Price Action crossed below 50 EMA , indicating strong bearish signal.

It is clear all TA shows a very good shorting opportunity.

Let's look at Fundamental Analysis:
EURO             has the following events to look out for:
Potential GREXIT, and even more, a BREXIT.
Grexit is very likely due to IMF leaks that hint at this possibility.
ECB monetary policy hints at buying a lot of bonds, and a more aggressive QE .
Most Fund Managers (like Soros, Ray Dalio) were betting on a euro             fall, so the drop will make very big profits for these individuals.
And for the DOLLAR:
Potential Interest Rate Hike and QE simultaneously, probably to push up the stocks even more, before a big drop( I think S&P500             is overbought.

With all this, I can confidently say there is a very likely possibility of Euro             going to parity in the next couple of weeks.
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