Whilst I suspect Euro is headed towards the multi-year lows I do not expect it to be the one-way bet, straight affair. Bounces can be expected which could provide decent areas of resistance to consider fading into. Having finished on Friday at the very low of the week it does paint a grim picture for Euro bears going into this week. The fact it was within 7 pips of breaching the May low also left it vulnerable to gapping down this week but, against all odds, it opened at pretty much the same price it closed (making it the first Monday open to not gap down). Double Top? Not my favoured outcome here... The temptation ... (full story)