Three reasons to insure against a EUR/USD slump nL1N3AJ0MM

EUR/USD's overall bias is for a slump through the May 1.0635 (EBS) low

However, beware major 1.0669 Fibo support needs to be overcome first

1.0669 Fibo is a 76.4% retrace of the 1.0482 to 1.1276 (2023) rise

14-day momentum remains negative, reinforcing the overall bearish bias

We are looking to get short at 1.0770

EUR/USD Trader TGM2334. Previous update nL1N3AJ0GD