EUR/USD has breached the 1.0960 Fibo, a daily close above would be bullish
1.0960 Fibo is a 61.8% retrace of the 1.1276-1.0448 (July-October) EBS fall
Fourteen-day momentum remains positive, reinforcing the overall upside bias
A failure to close above the 1.0960 Fibo would hint at "bull trap"
A bull trap is set when a market breaks above a tech level but then reverses
EUR/USD Trader TGM2334. Previous update nL1N3CL0IE
The tide continues to turn against the U.S. dollar nL1N3CL0QZ