FX:EURUSD   Euro / U.S. Dollar
Neutral with slightly bearish sentiment. The major trend is still bearish. The weighted average volume price is below the current price TF 4H. The argument for distribution phase have not been rejected, nor projection towards the lower lows. Furthermore, accumulation and distribution is in equilibrium, hence phase d according to Wyckoff method, se below. Fib speed fans shows us momentum.
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.