piptank
Short

Euro Going To @1.20 #ABS #ECB #SHORT

FX:EURUSD   Euro Fx/U.S. Dollar
The ABS purchase program will start the next days that's bad for the euro             .
The ECB will buy junk paper from EU members, mainly greek paper.
Germany the EU-powerhouse published contracting PMI data French PMI data is bad, too.
The Eurozone is heading toward to a stagnation?
Only time will tell
I will short eu next weeks. Good entry point is 1.255 area.
sl: 1.274-1.28
t1:1.24
t2:1.23

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