EUR USD IdeaGood morning, fellow traders. We're closely monitoring the weekly representation of EURUSD, where the plan is to react if it breaks the weekly previous highs. However, we haven't entered any trades on the EU pair just yet. We're keeping a close eye on the liquidity levels below us. If the weekly supply zone starts to break, we may shift to a long or consolidation bias. Our aim is to wait for a clear trading opportunity after the news release.
Noidea
04/09/2020At this point, I have no idea where the daily will be going. A few ideas in yellow arrows, but honestly have no idea. No trade zone for me.
This very well could go down to fill the CME gap, just as much as it could bounce within the next day(s) back up.
Only watching daily, not using LTF's to confirm or chart right now so all ideas are total speculation from my own POV.