EU bulls are not giving up

The NFP smashed EU down, but candles closed within the upward pitchfork and with a strong 4h candle showing reversal signs. As the NFP was seasoned up, we don't need to add more into the mix to know that there will be no hikes until at least December.

My view remains bullish and next week's EU GDP data can get us back above the descending trendline.