The pair just broke the 1.3336 pivot point, hitting the lowest levels since May of 2009, at 1.3326. The price is breaking the lower band of Bollinger, indicating a possible correction to the middle band, while the 14 days RSI is clearly oversold. According to the Parabolic SAR, the pair shows short entry signs. On the four hours chart, the 50 days MA is over the price and the Bears are on negative ground, showing short entry signs. The MFI is getting closer to 20 points. According to the Ichimoku, the kumo confirms the bearish trend of the pair. If the trend continues short, the target is at 1.3300, while the next resistance above is at 1.3353 dollars per euro.

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