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ForexTrendline
Jun 1, 2023 4:40 AM

EURUSD Bottom? Long

EURO / U.S. DOLLARICE

Description

Yesterday we saw a new low in the EURUSD as the daily candle once again remained tailed.

There are still no buying grounds on H1 and we expect a breakout of previous highs for confirmation.

Before then, we may see another decline and another pushback.

NFP data is due tomorrow, where we expect more volatility and possibly entry grounds.
Comments
KlejdiCuni
I really like the structure you pointed out. It looks very solid. Thanks
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