EUR/USD Continues Its Descent

Even though the winter holidays are almost here, the market does not sleep. The EUR/USD pair continues its descent, breaking below the 1.2200 level and heading for 1.2100. At this point I am actually starting to believe we might see it reach 1.2000 in the next few weeks. I also starting to consider the idea that the price will drop to 1.0000 more seriously than before. Either way, I shorted yet again and I intend to keep those short positions open at least until the pair reaches 1.2100.