EURUSD 27-31 Jan 2025
The current price action suggests a potential buying opportunity in the short term, contingent upon the pair retracing to the identified demand zone before initiating a rally toward the supply zone. However, if the price reaches the supply zone first, I will wait for confirmation of a reversal before considering sell entries, with the target set at the current demand zone.
Let’s monitor how this scenario unfolds.
Let’s monitor how this scenario unfolds.
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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.