EURUSD Based on current price action, I reckon that price may want to take out the Asian highs and the trendline liquidity above, and after liquidation head south to the extreme discount zone of this range where a set of EQLs are, before officially then heading up one more time.
We are already at the extreme premium zone of this range and a lower high is still in sight.
EURUSD Their is no longer any real analysis needed here. No more real trading. The Dollar is collapsing and the Euro is king. This will go to 1. 25. No more charts or technical analysis. Just hold and wait.
Welcome to another exciting week of intraday trading 😂
We are currently still rangebound at the moment. Last Friday, we have merely tapped into the HTF D supply OB / 1.175 / D 200ema before the slip back into the range.
For the rest of the Asian session, continue to play the range in the lead up to Frankfurt and London. If Frankfurt/London shows its hand with a break of structure either side, it will provide forward guidance for the rest of the week.