The
EURUSD has been mitigating the price zone of 1.12147 and 1.17122 since 2015, and had a rejection move from the zone on July.On the 1W Time Frame:
1. Price did a change of character
2. Price tapped the 0.618 premium zone
There are 3 things that can happen
1. Price rejects the premium zone and pushes down
2. Price enters a more premium zone, then pushes down
3. Price breaks the structure high and pushes up
This is the overall outlook for
EURUSD, check out some trading ideas that I have on my profile.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.