EURUSD Daily Analysis
W - Neutral, price is at the neck line of the double top
D - Bearish, lower lows and lower highs. price has been in this trend for a very long time now.
4 - Neutral, price is looking overextended, and is at a major support. I'll be looking for a retest at the level
1 - Neutral, overextended and choppy at the major support.
DXY - Neutral, price is at the last resistance. we will see if it breaks or rejects the level.
scalping entries -
there has been a bit of momentum away from the support so I am leaning bullish for my scalping positions. I will be waiting for a break and retest as confirmation of bullish momentum.
I will stay reactive to the market, and not let my bias cloud my view of how the market is moving right now.
D - Bearish, lower lows and lower highs. price has been in this trend for a very long time now.
4 - Neutral, price is looking overextended, and is at a major support. I'll be looking for a retest at the level
1 - Neutral, overextended and choppy at the major support.
DXY - Neutral, price is at the last resistance. we will see if it breaks or rejects the level.
scalping entries -
there has been a bit of momentum away from the support so I am leaning bullish for my scalping positions. I will be waiting for a break and retest as confirmation of bullish momentum.
I will stay reactive to the market, and not let my bias cloud my view of how the market is moving right now.
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