The EURUSD pair has shown a bearish divergence on the 4-hour chart, and it looks like it's ready for a potential reversal. I am taking a short trade at 1.0636 with a stop loss at 1.0734 and a take profit target of 1.0553. Keep an eye on the price action and adjust your positions accordingly.
@JoeChampion, the reason behind==> The US Dollar has been gaining momentum due to strong US data and hawkish comments from Fed officials, while the ECB's recent statements and minutes have been less hawkish, which has weighed on the Euro.