EURUSD is in a strong momentum and even though it should reach 1.0850 i dont recommend catching a falling knife. EOD ( End of Day ) trading could give us another shot to short it higher but we need a loss of momentum and a retracement towards 1.0930 or 1.0950 region. 1.0930 shows a good confluence of channel bordrer + 23.6 fib and it is still 65 pip pullback so if the pair pullbacks this should be the first entry zone. Higher pullback should be limited to 1.0950 ( L4, 38.2, breakout-retest) towards 1.0850.
The analysis and the article presents Nenad's opinion. Remember, financial trading is highly speculative & may lead to the loss of your funds. Proper risk management is the Holy Grail of trading.
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