The Euro is Plummeting: Time to Go Short?

The close on Friday created a lower low compared to the most recent dip a few days before Christmas.

The EURUSD pair fell by 1.2% on Thursday and Friday, a huge change for a major currency pair.  The pair has dropped back to levels last seen in  early December.  The close on Friday created a lower low compared to the most recent dip a few days before Christmas.  Plus a short video from FX Empire which will discuss what options they are looking for the coming week.

Click on chart for larger image.
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Updates are posted every trading day at FX Empire.

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