cbarklem
Short

EURUSD is still a bears paradise.

FX:EURUSD   Euro Fx/U.S. Dollar
57 0 0
The euro             has broken lower and looking back on the higher time frames, its clear that sentiment is still short for this pair. The 1.35600 level has already been retested but this would be an ideal area to get back into or add to short positions. Monday could see a range form between the 1.34600 to the 1.35600. If this sucks in too many short positions, there could be a flush back to the depending trend-line above 1.36431.
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