EUR/USD's mid-Nov failure under 1.0402 Fibo, shows the m-term bias on upside

1.0402 Fibo is a 50% retrace of the 0.9528-1.1276 (2022-2023) rise

However, it failed to sustain last week's break above 1.0563 Fibo: bearish

1.0563 Fibo is a 38.2% retrace of the 1.0937 to 1.0332 November (EBS) drop

We remain short at 1.0500 in anticipation for eventual losses to 1.0350

EUR/USD Trader TGM2334. Previous update nL2N3N6079

Could EUR/USD rise for the eighth December in a row? nL2N3N60BY