The week before last, EUR/USD failed above the 1.0271 Fibo: a "bull trap"
1.0271 Fibo, a 38.2% retrace of the 1.0787 to 0.9952 (EBS) drop
Bull trap set when a market breaks above a tech level but then reverses
Expect a bigger fall to retest the recent 2022 0.9952 low, eventually
We are short at 1.0250 for deeper losses in the days ahead
A daily close above 1.0271 Fibo needed to shift the bias to the upside
EUR/USD Trader TGM2334. Previous EUR/USD update nL1N2ZA0KC