Euro / U.S. DollarUpdated EURUSD - 2 June 2022
Although 4H is in bearish OF, supply has taken back control but we may consider this 4H bearish move as a daily pullback. Price has now sweep the structural LQ from the left and formed demand chain. Recently, 15m shows a bullish impulsive move too, although price may continue to push lower, it's best to wait for 15m to turn back into bearish in order for short. At the moment, demand has taken back control, it may continue higher until the major supply above.
Tomorrow is the NFP, price will show the major directional bias, let the market to decide to go lower or higher.
Tomorrow is the NFP, price will show the major directional bias, let the market to decide to go lower or higher.
Note
1m: 
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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.