Price broke market structure this past week continuing the run to lower prices. Price wicked through the 50% level and Monthly BISI stopping at a order block from Nov 2022.
With the DXY and this pair hitting the 50% on weekly and both wicking into weekly imbalances it seems reasonable to expect for EUR to seek lower prices. My parent is bearish.
I suspect this week we could see price have high resistance price delivery with no much news and a huge range last week and next week is NFC.
We could see price come to 1.04720 for the high. Price closed on Friday at the 50% for the session. I have to trust my bias and the parent bias going forward. I will be looking for shorts and I will trade what the chart gives me.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.