Orderflow caught under the 78.6 RT
Liquidity filled and appears bids have dried up.
There is a risk of one last Liquidity Spike up to 1.1460+ levels to shake out early shorts
However we are in a period of distribution
TPs set, but will be watching upward TL for rejection for potential early entry
DXY has also bounced of strong Demand. So moving forward shorts on EU will be played.
Liquidity filled and appears bids have dried up.
There is a risk of one last Liquidity Spike up to 1.1460+ levels to shake out early shorts
However we are in a period of distribution
TPs set, but will be watching upward TL for rejection for potential early entry
DXY has also bounced of strong Demand. So moving forward shorts on EU will be played.
Comment:
quick profits were banked
