I am currently a dollar bull due to the fact that the fed is expected to raise rates three times this year, with the March hike being a possibility. Furthermore, there still remains political uncertainty within the euro zone, which seems to continue to detract from euro bulls. Therefore I will be looking for selling opportunities on this pair throughout the day.

Eur/Usd Daily chart

Price has opened the opened the month below WPP, signalling the possibility of breaking below MM1, previous support of 1.0350, which bearish momentum continue.

Eur/Usd H4 chart

Price has double topped at WR1, with a target then of WS1, which is also the 1.0500 support level. Price has broken back below both the 21 and 55 ma's, signalling that dollar bulls are back in control.

Eur/Usd H1 chart

Price is opening below dpp, signalling the possibility of a break towards ds2. I will look for a pullback to dpp for an entry, which is also the 1.05500 psyche level, as well as role reversal support turned resistance.

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