Here is my technical outlook for Eurusd on a 4hr timeframe we can see that price has formed a W formation after a what seems to be a bullish reversal taking out previous highs. I would expect bit of liquidity finding below the W formation with price not hanging around there for too long after some stop loss orders have been taken. I am then predicting for price to break out of the bullish wedge pattern and head for 1.11280 as a short term target. the Fundamentals behind this trade idea would be hugely weighted towards the Fed possibly cutting rates by a further 0.50 basis points so I am expecting that to start getting priced into the market which will cause the dollar index to incur some downside therefore this pair would be in for an upside ride.