My vision of EUR/USD: the price can eventually fetch the $1 = > a level that has not been revisited since 2002!
From a short-term perspective, market has created liquidity with this structure broken from below, with lots of short positions that should be liquidated this week.
I share this idea for purely educational purposes, I have no position on this instrument. I am currently focusing on the study of liquidity, structures and price action and EUR/USD is very interesting I am therefore interested in any remarks/observations concerning these concepts, in relation to the analysis I am trying to put in place.