Price making lower high lower lows
and currently making a buildup for liquidity trap for buyer
whereas on the higher time frame
the marked demand zone has not mitigated yet
price is likely to meet that point at 1.0700 and 1.0650 for going longs
EUR/USD ANALYSIS
Better than expected EZ PMI and ZEW economic sentiment aren’t enough to hold back risk-off environment.
Falling wedge in play which could point to subsequent upside to come.
EURO FUNDAMENTAL BACKDROP
The European trading session kicked off in a positive light this Tuesday from an economic standpoint; beginning with eurozone PMI data (see...
