EURUSD 4h Outlook
We are still expecting Bullish Price Action from the EURUSD pair and currently we await confirmation of the end of the current retracement on the 4h TF.
There is some amount of internal liquidity (Bullish FVG) just below the resistance turned support where price is currently sitting on the 4h TF, so a fall below the support is very much possible and may just be the required fuel need to propel price higher above the 1.08949 price range over the next trading day or so.
There is some amount of internal liquidity (Bullish FVG) just below the resistance turned support where price is currently sitting on the 4h TF, so a fall below the support is very much possible and may just be the required fuel need to propel price higher above the 1.08949 price range over the next trading day or so.
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.