EURUSD is currently going through consolidation on daily time frame, i expect price to manipulate a little by taking out the relatively equal lows below to tap into the weekly and daily fair value gap below around 1.12000 price level as illustrated in the chart attached.Overall, my bias on EURUSD still remain bullish until the weekly time frame shift market structure to bearish.
Monthly bullish, weekly bullish, now I will wait for daily to correct and turn bullish back for me to take a trade.
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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.