EUR/USD is trading at a fresh 11-year low to 1.1548. Bids at 1.1530 1.1500-10.
I wrote yesterday why I like euro shorts. Before the SNB move, I thought we could see a bounce as shorts got cold feet ahead of the ECB decision but the SNB has tipped the nod and that’s less of a risk.
Technically, the long-term picture is dire.
EURUSD long term
