This is related to last week's idea of shorting EURUSD but wider time horizon/long-term (because in the short-term/daily trades, might ride the bullish wave if it still continues until next week with TP @1.20-- see hourly chart below) to not only reflect the expectation regarding Fed rate hike this December, but also sentiment on EUR's seasonality especially on Q4 despite recently defying the expected consolidation after forming a head and shoulders pattern in the daily charts. Setting up a tentative short stop order a few pips below @1.15 with TPs at S3 and S4 pivot lines, and SL between R1 and base pivot lines.
Confidence: B (any further news about optimism on Europe's economy and doubts on US administration can cause this pair to reverse and bullish, or at least go ranging in the next few weeks)