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Forexanaliz

Strong bearish bias for EUR/USD1)we can see a break of structure an price creating new L.H and L.L 2)break of counter trend line wut break of monthly price zone 1.14788 3) re-test of counter trend line i conlfuence with monthly price zone. 4) bearish engulfin at the candle stick monthly zone eating 5 days of price action right now price in a stong daily zone where we can see 2 bottoms and price close finding sopport at this daily zone 1.13071 forming a 3 bottom. we might see bulls reacting to this zone and moving price up back to the monthly on the fib, clear rejection of the retracement point 0.382 zone with wicks reaching up to the 0.618 in conlfuence with monthly zone 1.14788. strong monthly, weekly and daily bearish bias+ bullish DXY
by yahdielo

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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