Good morning,
A correction is currently unfolding in EURUSD, we went as high as 1.3092 this morning and we currently trade around 1.3075-80 as I write.
I think this upmove represents a correction within the bear trend and if you are bearish it should be worth selling into it. Ideally we should not break 1.3100 but there should be some big resistance up to 1.3130 also (200 day MA).
Looking at different press articles, we have a risk that ECB announces more quantitative easing by the ECB tomorrow and that should not help it.
Good trading,
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