The inability of euro / dollar back above $ 1.40 last week was the wake-up call for the bulls, and, although the latter, taking advantage of the demand of about $ 1.3825/20, currently trying to develop a counter and test orders for the sale of about $ 1.3895, the latest developments in the pair showed the formation of Bear alignment. Currency strategists Citigroup note that the euro / dollar formed a head with the shoulders, which will receive a confirmation with the break of support at $ 1.3793/22 area, and they see the risk that in the coming weeks, downward movement will be further developed in the direction of $ 1.3350.
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