there is a short term short position for EURUSD to 1.19585. waiting for this correction before the bulls can resume back on the up side back to 1.23204. there is an hidden divergence between 1.16388 and 1.19585 which has indicate a possible short position on the short term. there is an invert head and shoulder indicating a bullish bias to 1.23204 and possibly 1.24, but waiting for the correction at 1.19585.