EUR/USD recently registered a daily close above 1.0643 Fibo, but relapsed

That is a bull trap -- set when a market breaks above a level but reverses

1.0643 Fibo is a 23.6% retrace of the 1.1276-1.0448 (Jul-Oct) EBS drop

We are short at 1.0630 for a slump towards the 2023 1.0448 low

However the long tail on Thursday's candle is a worry for bears

EUR/USD Trader TGM2334. Previous update nL1N3BX0KF