Despite all my doubts and suspicions that EUR/USD has formed a double bottom and the marubozu and doji candlesticks indicating a new move to the upside, the bearish trend once again proved too strong. The pair broke below 1.1150 even before the ECB rates decision announcement, which only caused it to drop even more. I don’t know about you, but I doubt the US Non-farm Payrolls tomorrow will cause a new sudden movement to the upside and even if they do, I think it will be only temporarily. Next target is likely 1.09 but that's just another step on the way to parity.