Currency Pair : EURUSD
Possible direction : Bullish/Bearish
With Main Refinancing Rate and Monetary Policy Statement coming up, there is very high chance for EURUSD to fill the FVG that has left daily 20EMA as the pricing in 4h moving with a bullish channel. Todays price still above the previous daily low, means, very high probability bulls will try to keep the higher low maintained. As 4h bullish channel is still on, we could see a break of the channel to the upside, which could lean the price to the FVG and breaking the high to the liquidity zone and from that place, we could see sell of to the monthly support zone.
The possible entry would be ideal on the daily support a buy after rejection and a sell upon liqudity grab from the FVG.
Please leave a like if you enjoy this analysis and comment below what do you think, which way EURUSD is heading with the news?
Possible direction : Bullish/Bearish
With Main Refinancing Rate and Monetary Policy Statement coming up, there is very high chance for EURUSD to fill the FVG that has left daily 20EMA as the pricing in 4h moving with a bullish channel. Todays price still above the previous daily low, means, very high probability bulls will try to keep the higher low maintained. As 4h bullish channel is still on, we could see a break of the channel to the upside, which could lean the price to the FVG and breaking the high to the liquidity zone and from that place, we could see sell of to the monthly support zone.
The possible entry would be ideal on the daily support a buy after rejection and a sell upon liqudity grab from the FVG.
Please leave a like if you enjoy this analysis and comment below what do you think, which way EURUSD is heading with the news?
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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.
FREE TELEGRAM
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
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.