EUR/USD's failure under the 1.0959 Fibo sets a "bear trap", a bullish sign

1.0959 Fibo: 23.6% retrace of the 1.0517 to 1.1096 (March to April) EBS rise

A bear trap is set when a mkt breaks below a tech level but quickly reverses

There is a good chance of a recovery through the 2023 1.1096 peak

Especially as the tenkan and kijun lines remain bullishly aligned

We are long at 1.0965 for eventual gains to 1.1095, our stop is at 1.0895

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