False break for the Euro

Are we looking at a false break on the Euro USD according to the Indicator we are trading along the top 1% of price movement at the 3 standard deviation meaning we could be looking at a quarter high with that we are also above 1.100 which was a key level to start looking for move in price action we may see parity which would have this pair fall to 1.00 before the market makes its decision on its next move.

But we face a high probability that the down ward pressure in this pair is here to stay

Targets: Short at 1.100
Exit at 1.00