However, price action shows some fading momentum. The 2.5 Spike that came with a divergence lead to a short pullback. Price is now making a new run for the highs. We are looking for a longer reversal trade lower, but it's still lacking a few important criteria. We are waiting for a strong wave and a failed breakout attempt.
The EURUSD is a pass for now because it doesn't look too , but we keep it on the watchlist.
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