Euro / U.S. Dollar
Short

EURUSD outlook for WC 07/08/2023

51
We could be at a turning point on the H4 time frame but we are in limbo right now. I will play the cards I am dealt and remain bearish for the foreseeable future until a significant structure is broken to the upside. I think the M5 will give us the first clues as to what price action has in store for us this week. I do expect a retracement early on in the week to balance up the NFP push and will be looking for clues as to where it is going from that point.

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