Hey Everyone! Here is my view on the EU pair
On September 28 the Demand Zone (DZ) was formed, as bad for USD news was released. The short-term uptrend continues, however, the overall trend remains bearish . For now, the pair has almost reached the Supply Zone (SZ 2). I am waiting for the bearish trend continuation from one of the supply zones. I will keep a close eye out for the news releases, more specifically on:
USD: Employment Change, BoT, PMI (05/10/2022); Jobless Claims (06/10/2022)
EUR: PMI (05/10/2022); Retail Sales (06/10/2022)
P.S. All the FVG are adjusted for H4 timeframe
Good Luck!
On September 28 the Demand Zone (DZ) was formed, as bad for USD news was released. The short-term uptrend continues, however, the overall trend remains bearish . For now, the pair has almost reached the Supply Zone (SZ 2). I am waiting for the bearish trend continuation from one of the supply zones. I will keep a close eye out for the news releases, more specifically on:
USD: Employment Change, BoT, PMI (05/10/2022); Jobless Claims (06/10/2022)
EUR: PMI (05/10/2022); Retail Sales (06/10/2022)
P.S. All the FVG are adjusted for H4 timeframe
Good Luck!
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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.