EURUSD: The rally was over, Bear controls E/U.

Neadless to say,ECB set the case for EURUSD trade.

They said they will increase stimulus likely in March.

Hence, the mood of EURUSD trade is SELL.

I believe EURUSD quickly backs to 1.0500 in the medium term.

That why I sell EURUSD to 1.0500 last week.

Look at on the chart, the most important thing I want to share:

EURUSD has had two months trading in a thick Kumo cloud. Today, E/U officially escape from Kumo cloud and extend the drop below Kumo.

It's mean E/U would fall more.