
It is worth noting that yesterday the pair EURUSD managed to drop or at least continued to decline. Although today we are trying to grow, the bearish initiative still remains. However, the main trend is still the upward movement. Although I still do not have any clear short-term targets. Moreover, Trump backed down on tariffs against China, which affected the dollar. Nevertheless, it is important how the dollar will be traded by Americans, as we have a lot of different statistics today, including labor market data. In general, the situation is not easy, there are no targets. Although I will focus on the overall bearish initiative and if we climb above 1.1480, I still do not rule out selling.