Forecast for EURUSD on Week AUG 21 - 25

The price is in a significant Discount Zone in Daily timeframe, even so i think that the bearish movement in H4 has not yet concluded. I believe the price will continue dropping a little more until it takes liquidity from the July 6th Low. From there we will be looking for a Long entry Setup. For now, all that the price goes higher (retracement) is a chance to continue selling (Always qith its respective confirmation, of course). Happy Week and Good Trades to All!

Stay Tuned for updates....

Note

Price reaching the July 6th low target.... I'm gonna be looking for a LONG Setup

Trade active

Trade closed: target reached

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