Manav_Malhotra

EURUSD Long Swing Setup

Long
TVC:DXY   U.S. Dollar Index
After months of bearish order flow on the EURUSD daily timeframe, we finally have a shift in order flow. Since EURUSD is inversely related to it's benchmark asset that is $ index (DXY). DXY was in a monthly influx area. And we had a wyckoff on that monthly POI which got confirmed after closing below ar. Thus confirmed the transfer of buys to sells on DXY which in turn led the EURUSD to shift the order flow structure. For EURUSD to turn bullish, we need more fundamentals and confluence to confirm this.

So now after the shift in the structure, I am long on EURUSD for swing setups. Expecting long trade near the highlighted POI on the EURUSD after taking out the elq.

Happy trading!!!
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