Euro / U.S. DollarShort
EURUSD, the decline continues...
Since the start of the month, the EURUSD has fallen significantly (-2.3%).
In my opinion, it's not over yet...
Today, by liquidating the ASH of 14 June as well as the ASH of the day, we recovered the main liquidity at the top.
At the same time, we retraced the HTF bearish equilibrium where an Order Block at M15 was located and reacted immediately.
I have a bearish view of the EURUSD and I think we're going to recover the 1.06490 level.
However, I'm not going to sell right away. I'm waiting to see the price action over the next few days, and we could end up back in the OTE zone before heading back down.
Don't hesitate to subscribe and give this post a boost if you like my analysis.
Happy trading and a good week :)
In my opinion, it's not over yet...
Today, by liquidating the ASH of 14 June as well as the ASH of the day, we recovered the main liquidity at the top.
At the same time, we retraced the HTF bearish equilibrium where an Order Block at M15 was located and reacted immediately.
I have a bearish view of the EURUSD and I think we're going to recover the 1.06490 level.
However, I'm not going to sell right away. I'm waiting to see the price action over the next few days, and we could end up back in the OTE zone before heading back down.
Don't hesitate to subscribe and give this post a boost if you like my analysis.
Happy trading and a good week :)
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