EURUSD is currently consolidating. There is Bullish Engulfing which makes me go Bullish momentarily. However, if we looked at H4, it has created a base after a drop. Which makes me believe H4 will end with a Bearish Candle. (DROP-BASE-DROP).
I’ve also looked at DXY, is approaching the resistance level and believe it’s gonna continue falling. Hence, EURUSD to be on Bullish momentarily.
Overall, I’m Bearish until it reaches the support level as shown in Low Risk Zone. (Looking for Buys)
As for momentarily , we can do quick Buy Scalps.
These are my thoughts, do you agree?
I’ve also looked at DXY, is approaching the resistance level and believe it’s gonna continue falling. Hence, EURUSD to be on Bullish momentarily.
Overall, I’m Bearish until it reaches the support level as shown in Low Risk Zone. (Looking for Buys)
As for momentarily , we can do quick Buy Scalps.
These are my thoughts, do you agree?