EUR/USD Pre-Week Analysis

One thought on “EUR/USD Pre-Week Analysis”

1. Weekly Bias: Bullish

   Weekly: Failed to make a proper lower low, rejecting closing bullish,

   forming a potential double bottom

   Daily Bias: Neutral to Bearish

   Daily: Rejecting strongly at Weekly Support, but overall still very Bearish,

   looking at Structure, the strong rejection is a first sign of a reversal,

   which gets usually broken one more time, before the actual reversal comes.

   (look at GU for reference)

   No Buys until we break the Daily Resistance.

   4Hour Bias:Bearish

   4Hour: Nothing more to add here really.

   Reply

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