EUR/USD left a "bull trap" above the 1.0651 Fibonacci level

1.0651 Fibo is a 23.6% retrace of the 1.1034 to 1.0533 February EBS drop

Bull trap is set when a mkt breaks above a tech level but quickly reverses

A bull trap is usually quite a bearish signal

Spot could fall under the thick cloud, that now spans 1.0576-1.0777 region

EUR/USD Trader TGM2334. Prev update nL1N35A0K5