Hello traders!
This is my current framework and anticipated price for tomorrows trading session on the pair EURUSD
PPI from US news has pushed USD pairs strongly to BSL followed by a STRONG rejection leaving a bearish breaker and hinting that the pair wants to hunt for sell stops. We are in a bullish trend on the Monthly, Daily and weekly, but with the confirmation of the daily close and immediate rejection followed by a breaker, I am anticipating a retracement to the weekly bullish OB.
Trade safe guys!
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