EUR/USD possible bullish reversal today or tomorrow
Building permits and housing starts were better than forecast, this may cause some selling in EUR/USD.... The HTF daily chart is both short term and intermediate term bullish, However the market is currently trading within a HTF 4hr timeframe gap which was formed last week... i am anticipating that the market will fill this 4hr gap due to todays bearish EUR/USD news, once it fills the gap i believe that the market will continue upwards to at least test the current daily timeframe short term high possibly due to the pause on interest rate hikes from the FED (interest rates > building permits) i feel as if interest rates currently have a stronger higher timeframe influence on the market... I AM LOOKING FOR A LONG ENTRY THIS WEEK, ANY SHORTS WILL BE INTRADAY POSITIONS, I AM LOOKING TO SWING LONGS FOR THE WEEK/INTO NEXT WEEK.... THESE ARE MY PERSONAL THOUGHTS, THIS IS NOT FINANCIAL ADVISE!
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