fxtdforex

EURUSD Analysis and Price Action

OANDA:EURUSD   Euro / U.S. Dollar
Price at a bullish run after the H4 break of market structure. Liquidity got taken out on the 1 hour timeframe causing a false momentum push to the downside. Price breaks structure signifying readiness to push to the upside. It finally did and approaching a high time frame order block or supply zone for either a retracement or continuation of weekly bearish trend.

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.