#EURUSD - 11092024
I was initially bearish for yesterday but after I see price base off 5460, I turned bullish, SPX hit 5490, sold down to 5460; which I said will hold. That gave an almost 30pts bounce, but it sold back down perfectly to PZ bottom before the huge up move. Small range day as market awaits possibly presidential debate and also CPI today.
Overall, IMO daily is still bullish, but we have the backdrop of the very bearish weekly candle. My view is still the same, cautiously bullish for a move higher with 5550/70 as the upside (downside is 5464/70) and if this hits today, look for sell tomorrow.
Overall, IMO daily is still bullish, but we have the backdrop of the very bearish weekly candle. My view is still the same, cautiously bullish for a move higher with 5550/70 as the upside (downside is 5464/70) and if this hits today, look for sell tomorrow.
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