Hello traders. As we have all seen, the EURUSD is bleeding. Unfortunately, there are no positive factors in the fundamentals that we can lean on and be bullish on the EURUSD. The situation is only getting worse and I don't know what kind of miracle would have to happen to see a change in the main trend of the euro. Some experts are even worried about the survival of the European Union, in general. But this may be too bad a scenario to talk about right now. Anyway, the technicals suggest a bit of bounce and relief, and we might get an inversed head and shoulders pattern to lean on, if you are comfortable enough to trade against the main trend (be aware that there are traders who only trade retracements lol), you can try a long scalp position if the pattern starts working. Look for a harmonic head and shoulders (if we get it), and keep in mind that this would be a trade against the main trend, so don't be too greedy for profits. The good thing about trading in this scenario is that we can set a very thight stop loss, and if we see that the pattern isn't working, we can just reverse the position. Of course, if you want to trade with the long-term trend, wait for the market to complete the retracement and look for bearish patterns around the 1.04 area.