Price bounced off the 2.0350 support and higher highs and higher lows are still being formed. The only reason we are not trading bullish yet is the fact that the new bearish current trend has to be violated to the upside.
Should price continue to move within the new bearish current trend's boundaries, we might take bearish trades with LOW exposure (till 2.0350 is reached) as the risk is still clearly to the upside.
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Disclaimer: All statements and expressions in this analysis are opinions, and not meant as investment advice or solicitation. Forex can be volatile and opinions may change without notice
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