Series of new HH and HL being formed with the euro-dollar market. Are we headed for a new leg higher surpassing the previous high @1.07500. Smaller timeframes will confirm all this for us. The more confirmations/confluences the better.
Comment:
Predetermined targets have been met. We have broken structure resistance @1.07650. The market now is in a corrective phase looking at current intraday price action. If we have a successful retest of previous structure @1.07650 which will now become our support level, then we can look for bullish opportunities. But we only do what the market shows us.