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Euro / U.S. Dollar
Short

EURUSD looking to take buyside liquidity and look for shorts

By claytonmurray10
Starting on the weekly chart, the weekly candle just barely closed above PWH and respected a weekly FVG. So my main analysis is then done on the 15m chart where I use inducement based market structure and supply and demand zones to follow the market. Friday we made a 15m structure change of character, so now I'm looking for my inducement high to be taken and to tap into the extreme supply zone left, or to see it take the new swing high formed, which is also PWH, and reverse from there to take EU lower. DXY inversly respected a bullish FVG and closed way above PWL, indicating we're looking for bullish price action for the dollar.
Trend Analysis
claytonmurray10

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