EURUSD. The price is at a very important point lately, which is the zone at 1.0000, which is a global and historically important price.
On the chart we can see how the sellers and buyers are fighting very vigorously for positions relative to this level, while it is impossible to determine exactly who will win.
We have a global downtrend, but there were attempts to break the trend, but when the price approaches the channel resistance - the attempts failed.
I assume, if the price can consolidate above the level of 1.000, there is a huge potential for growth. The nearest short-term target is resistance 1.0194.
@Deringer, hey, thanks for checking in. I'm not right or wrong as long as I follow my system, I'm not here to guess the direction)) drop your chart, let's discuss the idea. My 1H zone is still holding and if I'll see confirmation for entry - I'll step in and if no - just will go to another setup.