Buy small here, taking profits above 0.8025-50. Tight stop. WARNING - this will have to be held over the weekend. Sell rallies! Sell high, buy low is the main theme here still.
why not? 100 is just a nice round number but in the face of extreme volatility, it would be smashed just like any other figure.
I think USD bulls will be back or EUR panic will return when the weekly trend line is tested.
Taper crowd is retreating so I'm not sure about USD strength in the near term. 2 day USD sell off was ok but I don't expect a retracement here.