EURO SHORT

Key Indicators

• The current upward move still looks more like a retest of the broken structure rather than the beginning of a new uptrend.

• The price stays below the 100-day SMA, and RSI remains below 50, suggesting weak buying momentum.

Fundamental Context

The euro bias is a cautious upward correction for a bounce from support, but the signal is only moderate due to conflicting timeframes. Any unforeseen changes in global risk sentiment or economic data releases will most likely determine the overall direction.