Analysis for EU for the Week of August 1st
Dollar has already raided Sell Side Liquidity, while EUR Buyside is still intact. Dollar has broken structure and created a lower low on the 1HR, while the EUR has refused to.. Strength is with the dollar going into next week. Looking for Longs for EU and with other FX base Pairs. From DXY, I anticipate a run above the buyside liquidity looking for price to sell off in the Daily FVG , or for an optimal Entry the 4hr -OB denoted on the chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.