Bullish trend support not going to hold. Continue short to 1.05
We're seeing lots of strength in the dollar index, which is sitting at resistance from last week. Eur is also sitting on bullish trendline support. I don't believe that support will hold. Continue shorting through the prior support zone of 1.0660 through to 1.05. Overnight Euro CPI data should be weak and I think this will be our next opportunity for a fresh leg lower.
