EURUSD Orderflow Expectations (18 February 2023)Below is my anticipation on EURUSD Orderflow:
1. EURUSD Trend is clearly bearish in the mid-term (next 2-4 weeks).
2. DXY is getting stronger, with anticipated climb upto 105.20
3. EURUSD after a profit taking impulse upwards on Friday 17 February 2023, shall show signs of corrective climb upto my area of interest i.e. 1.0770 (my area of interest).
4. Key is how it approaches it i.e. I wish to corrective price action, whereas the price shall not exceed 1.0800.
5. February end is seasonally bearish for EURUSD which support the trade of EURUSD Shorts.
6. The anticipation is that the idea should play out in next two weeks upto (3 March 2023).
ASG Trading
(18 February 2023)
