Using the current state of the DXY the dollar could either continue short or go long. applying that here the EURUSD could do the same, but is to always be prepared.
Followed by the daily formation the market could either reverse by breaking the high and continuing long or form a continuation and continue short heading towards the low.
I see a probable push for the last time before the market reverses on the daily or weekly. Keeping in mind that the market could still reverse at any point and go long.
The market has broken the Daily structure so there is a probability that the market could continue LONG or form a larger correction before it continues.
The market could;
1. Break the low reject forming a flag and the continueLong.
2. The market could break the low continue short test the OB Level reject then go Long.
Followed by the weekly impulse and change in direction the market could probably continue Long, but at the same time be open mind as the market could do anything.
From the DAILY there is a HP that the Dollar would continue LONG to the DAILY high which means the EURUSD could go the opposite direction SHORT to the DAILY low.
