Price has been consolidating to the end of 2021 in the form of an accumulation. The price action we have within this accumulation is of a bullish nature, as we've seen price break structure to the upside. In the retest of that structure area we see another higher low being formed indicating that it's only a matter of time before the bulls officially take over the market. We're targetting the psychological round number level @ 1.16000 in the short to intermediate term.
Stay strapped and control risk🙏🏼📈
Stay strapped and control risk🙏🏼📈
Note
We did not get the price action we were looking for. Instead the USD muscled up via the fundamentals this week and pushed P on the EUR. Stay strapped and control risk🙏🏼📈
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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.