TimStuyts
Short

EURUSD short

FX:EURUSD   Euro/U.S. Dollar
150 0 5
The EURUSD             is accelerating lower against the dollar and there are some clear targets in case we see a bearish continuation. The safest trade is to wait for a minor consolidation (for those not in the trade) and sell the continuation. I expext to see a test of 1.11 and maybe 1.08. However EURUSD             is still in a consolidation on the daily time frame, we need more price action to determine whether this consolidation is over or not.

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