I was expecting more intense price action in the European session. Still within range. I was expecting to see a run towards 1.3320-40, which never really happenned, being 1.3295 the highest mark.
– Increased level of short positions thru London session, compared to previous post is the important issue to point here. Provided those levels are sustained,we can expect further downside.
Since these levels change dinamically, do not trade off the chart above.