EURUSD - How Many Lows Will We Takeout?
Updated
Low hanging fruits is something i love!
Easy to reach but you got to be the 1st to the party otherwise you run the risk of being cannibalised.
Shift in market structure @ 1.10019 is my low hanging fruit for the short term but also very aware of the potential bearish continuation.
Love to see the upper part of the daily FVG filled but without the need to close above it.
Easy to reach but you got to be the 1st to the party otherwise you run the risk of being cannibalised.
Shift in market structure @ 1.10019 is my low hanging fruit for the short term but also very aware of the potential bearish continuation.
Love to see the upper part of the daily FVG filled but without the need to close above it.
Note
Delivery to 1.09494 is not complete.
Continuation in the dollar presenting risk off conditions will allow euro to continue the decline
Trade closed: target reached
1.09494 has been delivered.
We have seen the decline of EURUSD to and through Sellside liquidity, as expected this week.
There is a minor volume imbalance that could be met if dollar continues to present risk off conditions.
Note
Risk off conditions in the dollar index prevailed meaning that Euro sold off to the volume imbalance down @ 1.09213*
Note
Weekly close
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