From a technical and trading perspective, the EURUSD has stalled at the monthly pivot and the mid point of the midpoint of the volatility, this area also represents symmetry swing resistance. Yesterday's close was a key day reversal which flipped the daily chart bearish as per the near term volume weighted average price, as such I will venture short on a new low today with a stop above todays high targeting a move to test bids towards 1.0960 where price is potentially going to carve out an inverse head and shoulders pattern.
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