EU pullback
Updated
Expected a pullback from 1.1100/20 area support filling imbalances to near 61,8% (1.1153) or 75% (1.1170) .. we have 2 liquidity areas above (red boxes). So 1.1150/75 must be the area where they will reverse ( If 1.01175 Daily pivot will hold) to 1.1080 to test the base of substructure B
Trade active
Rebound to 1.1170 after reverse to 1.1080 or 1.1060 or 1.1010 on extension.
Tomorrow thusrsaday i expect finish rebound, and started to invert to 100 pips down at least
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.