We can use weekly chart as a good tool to identify the short term trend shift. Last week it was coincidental to witness the engulfing green candle along with fundamental weakness on USD because of Fed interest to keep the rate hike on hold. As the current green candle rose just after a bearish trend from 1.15 region to 1.092, it is highly likely that the short term trend shift may happen. It may broke over 1.12 price level directly or it may pullback to 1.1070 and then rise back. In line with that please find the weekly chart analysis of EURUSD,
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