Euro / U.S. DollarShort
EURUSD UPDATE
EURUSD Melted as expected and has finally taken out multiple lows and changed market structure to bearish - the pair is currently in a strong distribution phase off monthly supply and the psychological level of 1.07000.
Since yesterdays bearish impulse the price has now provided us with a nice retracement move - monitoring the 4H zone of confluence from a LTF perspective for potential SHORT entry confirmations
Since yesterdays bearish impulse the price has now provided us with a nice retracement move - monitoring the 4H zone of confluence from a LTF perspective for potential SHORT entry confirmations
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Related publications
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.