EURUSD LONG RETRACEMENT
Price at a daily Institutional zone. It is showing Big money momentum within the Zone. Price took out previous high and yesterday's low. The next high is around the 1.14662 level. Price is showing willingness to continue higher on a daily retracement to clear out some money and maybe continue going lower. The "buy zone" is a cheap level Big money might want to add to their positions to continue the uptrend matching the sells to the left with their buys.
Note
The DXY Is showing bearish structureTrade active
Hedging would be ideal
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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.