i suspect EU has entered bearish cycle, while many people are buying for this considering a few days ago, it could push up again after drop a lot of enough.
so IMO, if we want to buy just be careful, i prefer sell the high for current market condition.
Technically euro is in bullmode..
No reason to go bearish so far..
Booking profit is always good.. But shorting this pair is a danger move.. 2273 now.
Edit: if 2250 breaks, then high chance to see 2221..but so far no bearish sign
looks like H1 remains undecided ............ need better signal from there ..... perhaps an hrly pinbar ............. else price my go further down and then look for possible signs of support..........
at present price is testing the slanting trendline of previous symmetrical triangle break out on H1 .........
Daily candle showing bearish engulfing.. But no volume in the system. So most likley it can be a trap... Several times this happened in the past..
At the same time for a confirmation of bearish trend have to wait for next candle, that time manipulative move can print any kind of candle..
So better stay away from fresh buy...
Also still no confirmation to go short.. Only scalping is the best choice as tomorrow another crucial day for euro depend on todays bearish engulfing..