Euro / U.S. DollarShort
EURUSD market structure analysis.
Updated
Last week EURUSD closed below the key level on the daily time frame which was at 1.09605.
So price broke the previous low and i expected it to retrace back to the nearest supply zone at 1.09438. If the zone is respected, i expect price to drop to the key level at 1.08474 which is the demand zone.
So price broke the previous low and i expected it to retrace back to the nearest supply zone at 1.09438. If the zone is respected, i expect price to drop to the key level at 1.08474 which is the demand zone.
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