Still keeping a close eye on a potential USD pop...

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Although the EUR/USD and GBP/USD popped higher late last week, I'm still keeping a close eye to stay short on the EUR/USD considering the bearish rising broadening pattern coupled with a yearly pivot point inter-median level and negative divergence on the MACD. This is all based on the daily chart.

Many factors are in play right now with what's going on between Israel and Iran along with FOMC this week and Tariffs still in play.

On a purely technical analysis point of view, I potentially expect a bullish retracement in the USD while remaining long term bearish across the board.

we'll see how this one develops.

Good Luck & Trade Safe.

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