EURUSD may decline from the 1.16104 level, but a clear rejection signal is required before considering any sell position. The pair could still continue pushing higher to capture more liquidity, potentially reaching the Extreme Orderblock around 1.16407.
This upper zone is expected to act as a strong selling area, and a reaction from that level could initiate a deeper bearish move.
This upper zone is expected to act as a strong selling area, and a reaction from that level could initiate a deeper bearish move.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.