We will start to engage with EURUSD shorts above 1.15000 (see | BeSomebodyFX

We will start to engage with EURUSD shorts above 1.15000 (see technical zone in the chart above) this recent squeeze higher is more position driven (USD long side too crowded) than macro driven and we would expect a resumption lower once sentiment rebalances

The FED is about to conclude the largest QE program ever created, on top of that, unlike any other time, it’s going to embark in QT (the opposite of QE) just a few months after, and all while also hiking rates, we can’t but be EURUSD bears