Yesterday it was JP Morgan who got the treatment, though I must add that most of our readers seem to be perfect cynics and used that call as a contrarian signal. Now CitiTechs are joining in the bearish EUR/USD strategy, going short overnight at 1.4090 with a stop-loss above 1.4260. They have an ambitious target at 1.3150.
Looks like there are going to be plenty of stops above the technical resistance at 1.4250, and we know what usually happens to stops!
