There's been much hoorah over the recent USD bull move, but I think we actually broke USD supports recently (I posted longs at the time and they were stopped out). After breaking a support it's very common to have a sharp counter rally to retest the break.
Typically these are aggressive moves that end at the 76 fibs. If this is a correction, this is where we should see the bulls come back into EURUSD.
Typically these are aggressive moves that end at the 76 fibs. If this is a correction, this is where we should see the bulls come back into EURUSD.