Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.07000.
Fundamental analysis: Next week on Thursday will be released quarterly GDP in USA, if the actual is higher than forecasted it means strength of USD.
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‼️ This is my perspective on EURUSD.
Technical analysis: Here we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.07000.
Fundamental analysis: Next week on Thursday will be released quarterly GDP in USA, if the actual is higher than forecasted it means strength of USD.
Like, comment and subscribe to be in touch with my content!
Comment:
Here I will take into consideration another zone for potential short, from 1.06400.
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