C’mon EUR, is that all you’ve got?

We know the market is massively short and the weekend is coming so a squeeze is no surprise. But given the scale of the turnarounds in stocks and other risk trades, I expected more from EUR/USD.

For me, the trade is clear: wait for a 100-200 pip EUR bounce and sell. I’m getting nervous that the next bounce won’t even make it to 1.33.