EURUSD The euro is continuing to look bearish against the dollar, as it fast approaches its initial target of 1.28. This target is based on the size of the double top the pair broke below recently and the neckline of the head and shoulders on the weekly chart. We saw a brief period of dollar selling yesterday, following the release of some woeful US figures. However, this was only temporary, and the pair quickly recovered to trade slightly lower on the day. Yesterday’s candle could therefore be seen as a potential bullish signal, given that it looks like a textbook doji. However, given the way the price action ... (full story)