See callout bubbles. Speculative Sentiment still indicates that the crowd is Short EURUSD, which lets me know that this pair may still be headed higher in the near to mid-term. EURUSD is certainly coming into some price levels where I would expect weakness. Also, the DXY is quite oversold, so we should expect some buyers step in, however, there may just be some more room left to run... Let's go long within the highlighted level and see if we can catch a nice little bounce!
Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
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Thank you for your support!