Despite fast price action on the NFP, EURUSD has not broken any important levels to invalidate the trend. It has stalled on a support level but it is common for us to have a false reversal like this followed by a stop hunt move lower. We will be looking to see if this stop hunt spike down happens, if it does, there is an opportunity to get in at a very good price with little risk and see if we can ride the market back up to retest the highs for a good RR trade.
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