EURUSD has been extremely bullish for the past few weeks and broke through some seemingly strong areas but in hindsight we see that fundamentals over powered technical areas.
I see two ways of EU continuing it's upward move and that is to just continue pushing up at the start of the week or pullback into the FVG or Order block then after some sort of lower time frame confirmation, continue higher.
At this moment I don't see any real bearish argument to be made aside from thee possible pullback. If that changes I will update my analysis.
I see two ways of EU continuing it's upward move and that is to just continue pushing up at the start of the week or pullback into the FVG or Order block then after some sort of lower time frame confirmation, continue higher.
At this moment I don't see any real bearish argument to be made aside from thee possible pullback. If that changes I will update my analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.