Yesterday, the EUR/USD continued to fall and fell below the estimated short target of 1.0400 and even came close to hitting the second estimated short target of 1.0333. However, it seems that the trend of the EUR/USD is starting to be bullish, but the 50-cycle exponential moving average is still forming negative pressure, and there is still the possibility of a resumption of the decline. I still think that the EUR/USD will continue to fall in the future, the first short target is 1.0333, if it breaks below this level, the next short target will look at 1.0250. However, if the uptrend can be sustained above 1.0475, it may indicate that the EUR/USD is about to start a rally. Today, I expect EUR/USD to trade between 1.0300 and 1.0445.