Euro thoughts before fomc
I believe eurusd is gonna make new highs after today's fomc number release! We have a daily order block and price can sweep the liquidity into this order block before going for the previous weekly high as the first target!
It is much better if we do not touch the previous weekly high before the news! Otherwise the probability of the bullish case drops in my opinion!
It is much better if we do not touch the previous weekly high before the news! Otherwise the probability of the bullish case drops in my opinion!
Note
We almost hit the target and now are retracing! I am still bullish midterm. Will update this on the weekend again.
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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.