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jabariofafrica
May 22, 2023 7:32 AM

EURUSD ____ INCOMING BEARISH MOVE Short

Euro Fx/U.S. DollarFXCM

Description

Hello guys,

If you follow me already, you will know that I get my directional bias from the dollar index. In my previous post on the dollar (inserted below) I stated that I am bullish on the dollar which would mean I am bearish on EURUSD.

As you may see on my chart, I expect the price to run into the daily FVG as marked on the chart before the continuation of the bearish move from last week.

You will also notice that we have buy-side liquidity just below the daily FVG which will draw price to it.

If you like this, check out my profile for more.

DXY ANALYSIS


Cheers,
David
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