Euro / U.S. DollarShort
EURUSD market structure analysis.
Updated
I believe that we may have a reversal or pull back after yesterday's strong momentum that was caused by the high impact news where the interest rate of EUR rose from 3.75% to 4.00%
this made the EUR strong against the USD.
There for since price has reached a key level on the 4H which is the supply zone, this brings to technically look for sell after confirmations on lower timeframes.
this made the EUR strong against the USD.
There for since price has reached a key level on the 4H which is the supply zone, this brings to technically look for sell after confirmations on lower timeframes.
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.