Today being Friday, EURUSD is showing signs of consolidation at the top of bullish market. The question is that would it continue to rise to close at 1.0500 or fall below 1.0300 or 1.0200.
The rising channel looks broken and price is retesting it.
My today's bias is sell. Selling could be deep retracement to 50% of last week high and low because price had extended by 25% of last week range.
The rising channel looks broken and price is retesting it.
My today's bias is sell. Selling could be deep retracement to 50% of last week high and low because price had extended by 25% of last week range.