I wouldn't enter long on the EUR/USD or short because of many reasons but one thing I'm paying very close attention to is how the daily supply zone has not been completely consumed meaning that bullish candles have not been able to close above the red box which is leading me to believe that there are sellers above this supply zone, one thing to pay strong attention to the next 3 hours is how this daily candle closes because if this candle closed in the red then we may be looking at sellers taking control in the short term. If candle closes in bullish form above the supply zone then that makes me believe that the supply zone has been consumed and the bulls are going to make another push towards 1.2044
Commentaire:
Price is stalling upwards, key is NFP report today
