Hello Traders,
On EURUSD, we opened the new week with a significant downside gap, which has already been filled during the Asian session. Price has reacted from that gap area, and heading into the London session, I’m expecting a deeper pullback into the daily demand zone before the bullish continuation.
On EURUSD, we opened the new week with a significant downside gap, which has already been filled during the Asian session. Price has reacted from that gap area, and heading into the London session, I’m expecting a deeper pullback into the daily demand zone before the bullish continuation.
Trade closed: target reached
EUR/USD reached our projected target zone following the CPI-driven move. The reaction from the supply/demand zone confirmed the setup beautifully.
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.
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.