Although euro has staged a moderate bounce after finding support at 0.8893 and initial consolidation is likely, near term overbought condition would prevent further strong gain from here, bring resumption of early decline for a re-test of said supp,then towards 0.8868.
Sell recovery, stop as indicated, only above 0.90 10 would abort daily bearish prospect.


Strategy Sell on recovery
Entry Level 0.8965
Target 0.8930/0.8910
Stop loss 0.8998
Range Forecast 0.8930 / 0.8960
Resistance/Support R:0.8997/0.9048/0.9077 S:0.8893/0.8868/0.8824