EURUSD looks to be retracing to last weeks low early Monday morning. Looking to target 1.045 in the short term and 0.98 over the next couple weeks.
Buyers have tried to break resistance around 1.244.. and have been rejected 3 times. The chart looks like a good short to about 1.19.
Buy side liquidity has beent taken. There is a lot of sell side liquidity down around 0.31.
We have taken all the local buy side liquidity now I'm looking for a short to take out Sell side Liquidity. Possibly around 0.31