EURUSD retracement?
I'm watching
EURUSD today. My bias is bullish and would like to see it swipe some liquidity and reach some buy zones. There's also an imbalance in the Daily timeframe. However being a US holiday today, I don't expect a lot of movement. So I'm also considering the retracement down to those levels, considering its distance from them. Observing and waiting for liquidity to be taken first before taking any trades. Maybe preserving capital is the right trade today?
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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.