According to the most brokers’ data, more than half of the traders are currently in long positions on EURUSD. As a result, we recommend considering only Short trades at this time.
The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
Today we are considering a bearish scenario. However, given that all attempts to develop a downward movement are accompanied by an “overwhelming” of the Profit Ratio indicator, it is better to enter the market at a higher price.