Hello Traders, welcome back to another market breakdown.
EURUSD has been trading in a trading range, the price keeps making new highs, and lower highs which is a sign of a bullish trend for now. However, the price also rejected strongly the high of the range which is a first signal for the bulls to get out.
Safe play would be to wait for the bearish trend to form first. I'll be looking for shorting opportunities from now on until we get a clean creak above.