PriceSpeakers

Trap or actual market expansion? Today we'll know

FX:EURUSD   Euro / U.S. Dollar
82 0 3
The price finally breaks its last peak but this can be a trap market.

I raised the bullish scenario in green on the price draws a slow contraction until the red line is the trendline fact that the price wanted to leave behind. Now she is returning on that channel but lack confirmation.

With the fundamental news britain today, the price can break with a new expansion looking for 1.1363 confirming the trap or return to the 1.1160
Comment: Tomorrow we will know which scenario will be fulfilled.
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