DislikedBee, what is your target for shorts on EU?
Just close it - people wants to go long here!!Ignored
When EU tanked last time it was the revelation of the Greek debt crisis which started it all off.
Then they 'fixed' it and it found some support and went back to healthy levels.
Now people started to realise it's phucked still, but deeper now, and nobody really seems to have a solution.
So all i can see here (fundamentally speaking) are lower lows than the last debt crisis bear move, i.e. below 1.21ish (i'm not looking at charts right now so all a big vague pricewise). And this is just a feeling of course, not tech.
All i know is this pair (and Euro in general) is subject to serious news moves at the moment due to the nature of it's current state. So i'm bearish in the long run and with about 65% of account increase on this one pairs move south, remain so!
But lets see.... market often makes a mug out of me!