I'm in a bit of a hurry today, but I wanted to share this idea with you all. We can see based on earlier predictions that the EURUSD is in consolidation, but that doesn't mean we can't make a short-term play.
Looking for the pair to bounce off its current position at the fib level and go up to at least 1.08. Interesting to note the strong S&R level at 1.08 as well. If it breaks through, we can see a much higher upside.
Looking for the pair to bounce off its current position at the fib level and go up to at least 1.08. Interesting to note the strong S&R level at 1.08 as well. If it breaks through, we can see a much higher upside.
Trade active
That said, previous market conditions seem to be returning to previous trends and so the structure is back on.