EURUSD Downside Potential

Hey, traders! This is an intra-day short idea on EURUSD.

Technicals: (read chart)
- Double top on pivot area
- 62% retracement
- Break and retest of internal structure
- Intra-day re-target lows

Fundamentals: Key Themes
- USD: No progress last Tuesday on debt-ceiling negotiations
- USD: Market fears > Risk Aversion > USD appreciation
- EUR: Lack of catalysts this week
- EUR: ECB hawkish remarks already priced-in

I expect these themes to only be short-term though

Happy Trading!