2 days ago, we suggested to short that pair on a retrace back to resistance at round number 1.0900.
Those who short it blindly there, could bank some nice profit, since price fell for 200 pips from there. Now I point round number 1.0800 again, where we could short that pair, if we retrace there. As said two days ago, I don’t see any support till 1.0520. I don’t see any bullish scenario on that pair for the future days.
On Monday there is German Trade Balance news in EU, we don’t have any major red news in USA.