MonaySess

analysis EU

Short
FX:EURUSD   Euro / U.S. Dollar
where you can see that EU smash down to the bottom just like dxy upside( just as I expected).

When I marked up the Head & shoulders, I would expect it to go to the upside but I had seen the 4hr, it choose to close below the LH(or it did not break structure) which MAKE it invalid to be a head & shoulders. Eurusd looks like it would be retracing soon(up just a little) and probably become continuing down for a week or 2.

Plus news came out on 1/24/2022 at 3:30am for the indication to the down side. most likely probably retrace.

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