Euro / U.S. DollarShort
EUR/USD shorts to take key levels of liquidity below
I am expecting EUR/USD shorts this week as the Euro tends to align with the pound. overall from my HTF analysis the euro is bearish but we can expect price to retrace in order to further push down.
However, this week we see one of two options, price either pushing up to take the ASH created from market open before continuing in the downtrend from the 45min supply.
The second option price will push up to the 4h supply, validating the 2h demand that lays below ensuring price pushes up which will be it's HTF retracement before price overall comes to the downside.
we will see how price plays out this week from market open and its intentions will become slightly clearer on Monday and we will then better understand if price is ready to make its retracement or price wishes to continue down further.
However, this week we see one of two options, price either pushing up to take the ASH created from market open before continuing in the downtrend from the 45min supply.
The second option price will push up to the 4h supply, validating the 2h demand that lays below ensuring price pushes up which will be it's HTF retracement before price overall comes to the downside.
we will see how price plays out this week from market open and its intentions will become slightly clearer on Monday and we will then better understand if price is ready to make its retracement or price wishes to continue down further.
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