DislikedThere is significant support around 3950 and it was certainly not easy getting past there on the way up so it could result in a reversal if it is strong enough or the bears too weak.
There may be a reversal but you are also correct in saying that there is considerable risk of taking a long here.
As to the fundamentals of the situation of USD and €. It is almost laughable that we are trying to rate who is the weakest among the handicapped.Ignored
The Chonchy