Euro / U.S. Dollar

#EURUSD - 26062024

74
EURUSD played out perfectly as per path given yesterday, EURUSD moved up to retest the strong level at 1.0742 and then faltered and came down 1.07 strong level. I also gave a long off the double support and we got a 20pips move to end the day. What’s next?

Price action is TBH messy and not clear. Overall there is a pin bar formed on H4 which could indicate a low but IMO it is unlikely, after the initial bearish down move. Now price is capped by PZ; thus looking for it to hold for a move lower, to 1.0660 strong level next. The "worst" case scenario would be a re-test of yesterday's high before the down move.

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