EURUSD after the recent low started a retracement move to the upside. The market retest the 0.786 Fibonacci level and will possibly deliver a higher high in the short term with a retest of the 0.5 zone.
How i can i approach this scenario?
The main outlook remains bearish so i will wait for a test of the parity level and in that case i will monitor the price for a nice short order.
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