The Euro this morning got a nice boost, which allowed FXE to fill the gap, however, this still looks like a longer term reversal and provide an opportunity on a trade in either FXE (short) or UUP (long)
The bounce in the EUR/USD hits resistance on this 5 min chart.
Here's a level of intraday support for FXE, if I was short here or wanted to be, I'd enter the trade below the red trendline when support is broken.
UUP has back and filled the gap. If I was to add or initiate a long in UUP, I'd wait for that FXE support to be taken out.
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