Euro / U.S. Dollar
Short

DAILY ANALYSIS // Dec 15, 2022 [EURUSD]

216
These are my daily forecast and markups on EURUSD . Let me know your thoughts below.

D | snapshot

[1] Now that we reached another strong supply and the price is way more extended, we could be looking for a swing bearish pullback if it presents itself.

4H | snapshot


[1] We have now mitigated the 4hr zone within the daily supply.

[2] After the HTF supply mitigation, we had a bearish choch so we could potentially see the start of the swing pullback.


15M | snapshot


[1] We had the mitigation caused by the push of the FOMC News and the 15M swing has now changed bearish.

[2] Aligned with the 4H bearish choch, we could potentially see the start of the swing pullback.

Price could first come to mitigate these supplies before heading down to the daily demand zone.

1M | snapshot

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