Here's How I See it on 2HR
EURUSD Upward bias on 2HR time frame as price direction continues to strengthen along upward sloping trend line, connecting yesterday's trough with today's. Watch for upward breach of next sloping trend line, intermediary, along 1.0920, taking pricing into upward area of 1,0979. Reversal seen taking out long stops at 1.0880 & deeper at 1.0860 & house cleaning all the way down towards 1.0826 before carrying through of upward direction. Non linear action by algorithms take out weak positions before start of rally at every cycle.
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