A failed break to the topside, Feb. 14 and failed downside break, Feb. 17

Leaves EUR/USD to trade out sideways with a slight bearish bias

Holding a cloud break leans bearish and momentum remains negative

The cloud is rising, which could slow further losses

Cloud top provides initial resistance at 1.0692-EBS pricing

A minimum correction of the 1.1034-1.0613 drop is at 1.0712

We are side lined for now but might consider a fade at the cloud top

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