The EUR/USD is located on horizontal support shown in the chart below, and is getting closer to uptrend line, led from the low from a 10-March this year.

If the bears were able to make a successful break uptrend line, you can consider purchasing options on declines (PUT). Alternatively, if the price will remain over the area of support, it seems that it is better to stay on the side.

0604-EURUSD-1


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