EURUSD outlook

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@nsg_usd - 9 hours ago
Quoted - nsg_usd

price is waiting for the Fundamentals at 1.30pm today. And the red folder is much. best to trade the after effect.

Economists are forecasting Lower-than-previous for CPI. If it comes out as forecasted or even lower, then it will weaken USD and EURUSD will stand a chance for Buy. But I won't expect strong buys because EXY is weak. But If fundamentals is higher than previous, then USD will strengthen and Strong Sells will Kick in on EURUSD.

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@asuquokelvin - 9 hours ago
Quoted - nsg_usd

EU- I'll watch for a break on either sides of the asian range to confirm today's bias. Overall i'm bearish on EU.

For eurusd am still waiting for CPI outcome, I want to see price sweep above 1.14055 then break below to give a confirmation sell signal for me

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@asuquokelvin - 9 hours ago
Quoted - godspowerdan

I don't trust this sells on EURUSD because price is still in the discount of the selling range. So whatever price is doing, it's just messing with our minds

Price may be there and still break below there, so the main thing is trade from a higher timeframe like from 4hr and 12hr you won't get confused and follow strict validation and invalidation

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@asuquokelvin - 8 hours ago
Quoted - godspowerdan

This is the key level it's reacting from

That level is a good level like I will say always consider the dominant trend before looking at the previous old level, this is what I mean is there is high probability that price can use the order block at 1.14270 and then drop down, than using the old support level at the left with the blue line to go up because price is producing bearish structures at the moment not bullish

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@nsg_usd - 5 hours ago
Quoted - godspowerdan

Let's see how price plays out today

EURUSD- CPI release caused EURUSD to rally, following a weak USD. this supports the 15mins bullish bias i had earlier today, although my overall bias for EURUSD is bearish.

G
@godspowerdan - 1 hour ago
Quoted - asuquokelvin

Where was the liquidity taken please mark it out

There it is. Price was just selling to create enough liquidity both buyside and sellside liquidity

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