EURUSD From a HTF perspective, we are still gonna march north until a full mitigation is done. We are currently bouncing off a 4h supply OB and if this OB holds, it will create a high to form a series of EQHs to be taken out later for the liquidity push north to the extreme supply OB above.
EURUSD the last bull one hour candle has no upper and lower shadow which means that either bulls are really strong or they have exhausted all their energy in pushing the price to the north which can trigger a strong bearish reaction.
EURUSD Thank you Trumpster for taking the dollar to the dumpster. Euro is King. Euro will always shit on the dollar. 1.145 maybe even back to 1.16 high.
EURUSD Btw, This upward move will likely be the result of commercials triggering a short squeeze, forcing non-commercials to unwind the short positions they’ve been building over the past few weeks.