Morning traders, so yesterday's negotiations allegedly went very well, both the Ukrainian and Russian sides confirmed they are doing (meaningful) progress, that unexpected headline boosted the EUR and hit our EURUSD stop loss, can't complain about that tho, happy to take a stop loss on some progress towards a ceasefire agreement, if the negotiations continue in the right direction and the situation begins to deescalate from here then we will want to be long EURCHF for a move back to 1.06000
Nonetheless, let's keep in mind there's a difference between what Russia says and what Russia does, would be good to see some REAL deescalation on the ground too to confirm the intentions to move this forward diplomatically, monitoring the situation but currently the base case is for further diplomatic progress, which is positive EUR so monitor for some potential EUR longs (comes to mind EURCHF mostly)
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