Hey traders,
This Friday was very bearish for EURUSD.
We see a high momentum bearish candle on a daily time frame and -0.9% net decline.
Ahead is a strong daily structure support.
Depending on the reaction of the market to that structure,
we have two completely opposite plans to trade.
In case of a reversal formation (bullish one) on that structure,
we will buy, expecting a bullish trend continuation.
In case of a breakout of that structure and a consequent retest
with a reversal pattern (bearish one),
we will sell expecting a further decline.
Be patient and let the market decide.
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