EUR/USD's outlook is mixed, market stuck between a rock and a hard place

Long upper shadow on Monday's candle is a sign the upside has been rejected

However, the market has since found support ahead of 1.0268 Fibo Wednesday

1.0268 Fibo is a 23.6% retrace of the 0.9528 to 1.0497 (Sept to Nov) rise

On balance, we expect gains as fourteen-day momentum remains positive

However, watch this reading as it could turn negative in coming sessions

EUR/USD Trader TGM2334. Previous update nL1N32Q0FZ