Not sure, but I think EURUSD is oversold short term and there is too much volume to the short side. So I think EURUSD will go up to 1.0500 level around short term first. What do you think ?
I mean it is too obvious going short today on EURUSD. Currently at 1.0397. It should have bottomed in my opinion. Expecting a larger move to the upside far above 1.0450. And you ?