Looking for a short on EURUSD on Tuesday 16th Feb we will have the GDP and employment data announcements for the EUR which could spark the initial move to the downside. Nevertheless we have a lot more data for the EUR and US Dollar this week that could impact market volatility. We will look to short EURUSD due to weekly consolidation forming, we currently in mid consolidation so are expecting a bull trap to form. This is dependant upon dollar strength. What are your thoughts traders?
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