EURUSD DOWN
Updated
After some big fundamentals we have seen a push above 1.1000 but the move hasn't been too strong. i do see weakness and as well we are still within our trendline. You could short at this leel with a 15 pip SL and TP at 1.1000 for a quick profit, but for those swing traders, i do see a good opportunity here for a 100+ pip move. There is USD news in 3.5 hours so if taking the trade at this level for a swing, make sure to give yourself some breathing room with your SL and keep your lot sizes lower to not over leverage yourself and get into trouble.
Note
Price is showing very strong bullish signs. If the 4H closes strong above this trendline, especially the Daily, i would look to switch bias and get in after a retest and confirmation that its not a fakeout
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