EURUSD outlook

Those potential sells on EU will really be a sweet ride if it plays out next week.

Those potential sells on EU will really be a sweet ride if it plays out next week.

Market structure is king when it comes to technical analysis

EURUSD continues to trade with a bearish narrative after the recent liquidity sweep and break of structure.

The question now is simple: can price continue lower toward external liquidity?

That's a good confirmation though

Price has already declared it's intent since thursday

Even from the 4hrs perspective EURUSD is looking bearish already

Not so fast, remember that dollar is presently weak fundamentally so what should we be trading? Is it a weaker dollar against EUR or the opposite, let's wait and see if price will change, maybe except what is interfering is the war

Price has broken lower again

I get you sha

But I follow structure, you combine yours with fundamentals but regardless of the strategy, we'll see how price will play out

The current structure suggests that EURUSD may be targeting external liquidity below.

The market has already shown us the direction through the sweep and break of structure.

Now we wait for price to deliver.

Price has invalidated my setup already so I will wait to sell using the new week opening gap as my resistance zone

I combine with a strategy right, so that's why I have a validation and invalidation level, in case my fundamental or technical bias is wrong then I adjust, like for Eurusd that buys have been invalidated, but this is the first time dxy is selling and Eurusd is selling alongside due to market environment

EURUSD- That's in line with my projection. Price is back to setting up this pattern.

It may gain strength this week though because EURUSD is bearish