It seems that the ideal time zone for initiating short position is late November. Until then, the more sluggish the current upward move becomes, the more suitable will be the set up for a decent sell off. If the bulls fail to push the price above the 61 level, short position will be favored targeting 32 level.
EURO is oscillating in a channelized, attritional pathway. It seems that the top area of the channel is an idea sell zone today, targeting the bottom of the channel. In the medium term, however, this channel will most probably break to the downside