• Thursday's big down day puts our short nicely on-side

• Long upper candle shadows on the daily chart highlight EUR's struggle

• Daily cloud top now initial resistance and the 0.8808 base a bear target

• Plenty of support close to the 0.8820 low

• The 100DMA at 0.8813, cloud base and 50% Fibo at 0.8803

• A drop under 0.8803 sees our stop lowered to entry

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