good opportunity to short the euro here. major horizontal resistance level reached. the 4h showed considerable oppostion to the resistance. might wait for the ecb interest rate decision and us announcements today before making a move. a top at 3980 seems plausible. a target at horizontal support level 3790. an upward sloping trendline showed many touches. this trendline has also been touched. usd jpy gives me a signal to buy and nzdusd a signal to sell. considerable correlation.
