EURUSD - P wave
The EURUSD is in an extended P wave. After forming a double top in August/September 2024 , price has moved 4 points lower.
The RSI suggests price is near a low , as it has printed within the OS zone.
However, price may well fall lower and test or break the supporting trendline.
Liquidity zones are at 1.0770 and 1.0660 , which are the nearest swing lows of the prior impulsive leg.
For next week, the bias is short to 1.0770.
The RSI suggests price is near a low , as it has printed within the OS zone.
However, price may well fall lower and test or break the supporting trendline.
Liquidity zones are at 1.0770 and 1.0660 , which are the nearest swing lows of the prior impulsive leg.
For next week, the bias is short to 1.0770.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.