From a technical perspective, EU looks like its pushing some a swing upside before carrying on the downtrend we can see from higher tf's
Our daily key level of 1.2000 was tested and rejected, resulting in a minor hourly downtrend break,
Also we can see an inverted h&s formation created and this shoulder showed 4hr rejection to the key level
My personal bias is long on this pair, I already secured a small pip tp with the other running risk free
Due to NFP, SL in profit will be taking carefully.
Our daily key level of 1.2000 was tested and rejected, resulting in a minor hourly downtrend break,
Also we can see an inverted h&s formation created and this shoulder showed 4hr rejection to the key level
My personal bias is long on this pair, I already secured a small pip tp with the other running risk free
Due to NFP, SL in profit will be taking carefully.