Another day, another drop for the EUR/USD – the pair did not even slow down when it broke below the 1.06 level. At this point I feel like I know what I’m going to see without even looking at the chart. The downward move is great for me – and for everyone else who have short positions open – but just how much lower can this pair go? I am starting to suspect that it won’t stop even when it reaches 1.0000. Still, I keep reminding myself to be as cautious as possible, because I know that sooner or later the pair will reach a support that will cause a serious move to the upside.