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Profound_Ambition
Mar 20, 2019 4:05 PM

EURUSD H4 

Euro Fx/U.S. DollarFXCM

Description

Price finds resistance at 1.136 structure, along with the top of the descending trendline. Counter trendline has been broken, however id like to see a clean break of the box region to confirm where price will move next. My bias is that price will continue the downtrend & move lower, but will wait for clear confirmation as there is FOMC news today for the dollar which volatility will be expected.

Comment

Higher low set to retest, where a move higher can take place
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