Technical Analysis EUR/USD

The fx pair is just before its upturn. As how I wrote yesterday after that news the market will form its last downswing it is happened. This means maximum just a tiny down move is in the system but after it will head up and it will form new highs. This is also supported by the bigger timeframes players. To trade it take SHORT position with the TP of S1. And if the market pass S1 from that point it is good to change to candle stop. After it when the first sign comes LONG position can be taken with the TP of R1 and later R2. But do not expect to reach it R2 for today.

Opening a position: in every M5 pullback end to the given directions. Every time it is important to take care for the contexts.