EUR/USD has been moving strongly upward over the past 10 days, leaving a significant liquidity void. The next key level to watch is 1.17793, which aligns with a large wick at a previous order block. Price is likely to test and potentially break this level. After reaching it, a corrective pullback may occur, partially filling the liquidity void left behind. This retracement could provide a better entry for traders anticipating the continuation of the bullish trend. Overall, while momentum remains strong, short-term corrections are natural before further upside.
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now in bearish push
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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.