We at Carleton Capital are recommending SHORTING this pair from these levels.
Our STOP is exceptionally wide and is there for safety's sake should we get an unforeseen spike high. We don't expect to get anywhere near this as we would exit should the EUR rally strongly.
We have an MA crossover on the DTF and the 200 comes in at .8865.
Its possible this may support EUR LONG positions temporarily but a break of .8865 will be highly significant and any short trades should be added to.