Technical Outlook and Chart Setups:
What a trending day has it been for the euro bulls! Multiple resistances have been taken off the board. After reaching 102.00 level, we recommend traders to let the prices indicate a pullback towards 97.00 before re-entering short positions. It is expected to begin a retracement in a few trading sessions from today. Fibonacci support begins from 99.00 level.
Trade Recommendations:
Flat for now.
Good Luck!