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ShrewdCatfx
Mar 1, 2023 5:46 PM

Eurusd could push further into Daily Zone at 1.07 Before Sellers Long

Euro Fx/U.S. DollarFXCM

Description

Manufacturing data as anticpated, or missed slightly. Causing an initial decline in the EU Price. We are looking to close above 1.0657 on the 4hr for Buyers. Then I can observe it being possible for us to touch 1.07 and push deeper into the daily zone before we see sellers take over or range. If the Daily Candle closes like this, we will see a solid body candle.. and at the leasst expect a top wick on the next daily candle. Which, would be a nice intraday-move up.

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