The euro / dollar attempted to rise yesterday, reaching a peak of 1.1850, but collapsed afterwards and hit 1.1562 after the ECB’s decision to stop QE in December and keep interest rates low. Technically, the price breaks below the trendline that resets the upward phase and activates my bearish model. Expectations are down for testing 1.1500 for now. The first resistance is at 1.1620 / 40. A clear breakthrough over it may take the price to a neutral zone, but while the pair remains below 1.1725 / 00, I prefer the bearish scenario in this phase. Any bullish pressure could be seen as a good sales opportunity.