I am more bullish in Theta more than ever, the indicators(MACD) indicate that we are running out of steam in the current movement to the downside and now it is flashing a bullish divergence. Be aware that it may be a strong movement to the downside in order to liquidate highly leveraged long positions.
-ABCD IN PLAY
-HEADING DOWN TO MAJOR 1.0960 SUPPORT AREA / 0.61% Level
-HEADING TO SUPPORT TREND LINE AT THE 1.0960 AREA
But be careful with this trade, wait for a confirmation (Price Action) before entering this trade, because the dollar index is showing a different story on what could happen to EUR/USD.