Eur/Usd currently sitting at a key resistance level which is approximately in line with the 61.8% retracement level. There is still a possible chance of a retest of the trend-line. But at the moment 1.0847 looks like a lower high for this currency pair resulting in my overall bias beingbearish
My thoughts exactly kieron , I shorted @ 1.08 after cpi figures on friday it was neutral but core came out slightly better , was gonna scalp for the 60 pips on the day , but though to put a stop @ 1.09 and hold till 1.06