Eurousd would find a support at 114.90 area as there is liquidity above for the bank to pick it up
Euro is heading down towards 1.1470 level based on structure
follow the liquidity liquidity is below . price would retest the range low
Tomorrow is the interest rate decision and based on chart we see the price is moving below to the 68.50 level .. entry 6960 stop 6975
higher time frame is bullish. Price would go back to retest the broken structure of a lower time frame and filled up liquidity imbalances
Price is looking for direction .. If Bulls clear the 111 comprehensively ,we may go up all the way towards 113-114 area, however, previous break of structure suggests price may retrace towards 108.35 area
Previous daily high has been taken out and it would be an opportunity to buy at pull back to all the way uptowards 130
Swing high has been established on a monthly time frame, weekly and daily uptrend have been broken and price may continue to push down to test the weekly and daily structure at 148 level. Short is advised on the pull back at 153.40 level if we get one.
There is possible head and shoulder pattern is developing on a daily. Look for chart for details
EURUSD is on a weekly strong resistance area. Daily is showing a sign of retracement. Price would retrace to bullish order block at 1.20 level before moving up again .
There is a bullish divergence occurs on a H1 which suggests that this pair is due for some correction..
Bullish divergence spotted which is normally occurs at the end of downtrend ! see details on the chart
Based on simple market structure on a daily time frame. Everything is on the chart