Although I understand the bullish side, as price is right at intermediate uptrend line (and MA20), the fact that the weekly $EURUSD chart is close to complete an evening star, will have a major effect on most pairs imho
I don't believe that the infamous daily H&S in this pair will break in the next day or two, but possibly it will finally break within the next week or two.
A bounce to 1.53 should be expected, if bulls can push hard and could be shortable level too.
I'm short @1,58 due to supply zone, fib ext confluence and momentum divergence.
I don't believe that the infamous daily H&S in this pair will break in the next day or two, but possibly it will finally break within the next week or two.
A bounce to 1.53 should be expected, if bulls can push hard and could be shortable level too.
I'm short @1,58 due to supply zone, fib ext confluence and momentum divergence.
