i think he went for the news, he is a fundamentalist maybe, he thought news will take eurusd up, lets hope he is right
The news was definitely not predicting the eur to rise! Based on those news, he should have sold all the eur immediately. So, i think we can be quite certain that he is a tech guy. Lets just hope EU gets some good news soon, so these losses can be reversed, if not, my advice would be to cut your losses soon...