By examining the EURUSD daily chart, we can figure out that the price reached the bullish order block and had a bullish reaction and we can see the FVG which failed, and the daily candle closed above it so it now plays as a support for us.
In addition, the price formed a liquidity pool below the bearish order block, so we can expect the price to move higher to collect the liquidity above the previous high and hit the bearish order block.
I should mention that I am bullish on the EURUSD daily chart till one daily candle CLOSE below the inversion.
We can define targets as follows:
1.0806
1.0818
1.0845
💡Wait for the update!
🗓️19/02/2024
🔎 DYOR
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