If the price manages to manage above 2050 on daily candle - Then, we should stay bullish till previous high. However, I personally, don't see that happening. I wish my opinion was mattered to market movers :) So, I'll stay with my bearish bias and will jump in once my entry price touches.
EURUSD Two Possible Scenarios for next two weeks or even faster! Based on fundamentals and news I would give more chance to Bulls than Bears. However, we don't predict and we just trade based on confirmations therefore be patient and wait for pattern validation. Trade Safe
In my analysis, it's evident that the USD/JPY pair has transitioned into a bearish momentum, a trend that has recently been confirmed. At this juncture, it seems prudent to await a re-test before entering the market, targeting a move towards 145.15. I typically reserve sharing my insights for occasions where I have a high degree of confidence, and this analysis...
I usually don't share my ideas too much! unless, I'm confident about the up-coming game plan. Still do your own research and analyst since this is not a financial advice. EURUSD looks more bullish than bearish at this point specifically after CPI release. Now, look for a price action at around 1.0965-1.0950 and then execute your trading plan.
pretty self-explanatory chart - Next week we are going to see a lot of volatility in the market. Trade safe