Euro / U.S. DollarUpdated EURUSD Start?
Based on the data, it seems that the Euro will regain its strength and rise in the coming days. There is only one scenario, which is an upward movement. As for the upward move, it will either drop to the yearly low to draw liquidity and then rise, or it has already sufficed with the current level and will continue its ascent without needing additional liquidity.
Trade active
As I anticipated, the price took the liquidity and has started moving upward. This aligns perfectly with my previous analysis.
However, stay cautious and vigilant. Pay close attention to the Daily Timeframe (D TF) and Hourly Timeframe (H TF) for confirmation and to avoid any false moves.
Let’s see how this plays out next!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.