EURUSD is still very bearish, either technically or fundamentally, but the yesterdays move looks like the investors
try to cover their short positions. This might be an opportunity for a reversal.
Let us see, whether 1.2500 level will hold or not.
I have a pending buy order @1.2570.
As I highlighted in my previous post, Aussie is in the setup area and now it has formed a nice sign of weakness - false breakout of a wedge formation. I am short here and waiting what the market offers...