Today European session showed nice plunge on both GU and EU pairs. As Euro seems for me to be more vulnerable to risk aversion I would expect it to firstly retrace and secondly fall maybe even further. Good retracing trigger is US CB Consumer Confidence, so if there will be no retracement before that I would hope for good news and sell after move up. The problem is how far up can it move, or how long would it move up on good US news. I see nice resistance @ 1.3944 [it's last swing down before plunge] However I expect to be stopped out maybe two times before real move down will begin. Dependably on difference between expected and released data and initial price action I would expect to place first order around 5-15 min after news, if it didn't work, next half an hour up to one hour may be next good moment, and the third one will be after 2-3 hours.