EURUSD ready to move up after one more fake out to the downside?
The EURUSD dollar ended the week not doing much. It fulfilled the less likely scenario that we drew out. We think that we're reaching the long tail of the downwards correction and price is ready to move up at anytime to fulfil the bull case.
BULL CASE
We think the bulls are ready to lift this pair up higher and liquidate all the areas of liquidity that is marked out.
BEAR CASE
If price finds itself going down, it will be a fake out by the bulls to trick the bears into piling in before wicking the price back up very quickly to fulfil the bull case.
BULL CASE
We think the bulls are ready to lift this pair up higher and liquidate all the areas of liquidity that is marked out.
BEAR CASE
If price finds itself going down, it will be a fake out by the bulls to trick the bears into piling in before wicking the price back up very quickly to fulfil the bull case.