• Citi Techs remain very bearish on EUR/USD and they went short again on Friday night, this time through the options market. They expect to see 1.2000 sometime in the next 8-10 weeks and below 1.15 in H1 of this year.
  • Completely conflicting view comes from an interbank sales specialist who expects to see a rip-snorting head-spinning short-covering rally sometime in the next few weeks which will see EUR/USD at 1.35/1.36 quick-sharp!

Maybe we should combine both views; wait for the rally and sell at 1.36 for the move to 1.15?