Now is not the time to short E/U imo, unless there is a strong break and close below 1.08. As long as 1.08 holds, the best thing would be to wait or try small longs from here.
Notice that price has been in a range for almost a year now, with 1.15 as the top and 1.05 as the bottom. As long as price stays under 1.15, look only to short. There have been several...