After reviewing the market trends over the past week, it appears that we are still anticipating a bullish shift to occur in the near future. We have already tapped into the lower swing zone from our breakout level, which signals a potential upward trend. However, for this bullish shift to materialize, we must break the previous high that we put in after the break of structure. Once this occurs, we can expect to see the price shift back into the higher swing move.
It is important to note that this process may take some time to fully play out, as market trends can be unpredictable. Nevertheless, keeping an eye on these trends gives us a clear idea of what kind of setups we can look for on our USD related pairs. By monitoring the market closely and making informed decisions based on the trends we observe, we can position ourselves to take advantage of potential bullish opportunities in the future.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
It is important to note that this process may take some time to fully play out, as market trends can be unpredictable. Nevertheless, keeping an eye on these trends gives us a clear idea of what kind of setups we can look for on our USD related pairs. By monitoring the market closely and making informed decisions based on the trends we observe, we can position ourselves to take advantage of potential bullish opportunities in the future.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
