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EURUSD Bullish Outlook for the Short Term
Just like I mentioned DXY's short-term bearish outlook in my last post, I’m anticipating EURUSD to take a bullish stance.
Price made a failure swing retracement, clearing the old low and settling in a fair value gap on the Monthly chart. I’m looking for a stop-hunt expansion targeting buyside liquidity, as indicated on the chart.
Here, the old low serves as sellside liquidity for Market Makers to build long positions, and the FVG represents a fair value entry point.
These are just my thoughts on EURUSD - do your own analysis before acting.
Price made a failure swing retracement, clearing the old low and settling in a fair value gap on the Monthly chart. I’m looking for a stop-hunt expansion targeting buyside liquidity, as indicated on the chart.
Here, the old low serves as sellside liquidity for Market Makers to build long positions, and the FVG represents a fair value entry point.
These are just my thoughts on EURUSD - do your own analysis before acting.
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