Strong bearish bias for EUR/USD
1)we can see a break of structure an price creating
new L.H and L.L
2)break of counter trend line wut break of monthly price zone 1.14788
3) re-test of counter trend line i conlfuence with monthly price zone.
4) bearish engulfin at the candle stick monthly zone eating 5 days of price action
right now price in a stong daily zone where we can see 2 bottoms
and price close finding sopport at this daily zone 1.13071
forming a 3 bottom.
we might see bulls reacting to this zone and moving price up
back to the monthly
on the fib,
clear rejection of the retracement point 0.382 zone
with wicks reaching up to the 0.618
in conlfuence with monthly zone 1.14788.
strong monthly, weekly and daily bearish bias+ bullish DXY
new L.H and L.L
2)break of counter trend line wut break of monthly price zone 1.14788
3) re-test of counter trend line i conlfuence with monthly price zone.
4) bearish engulfin at the candle stick monthly zone eating 5 days of price action
right now price in a stong daily zone where we can see 2 bottoms
and price close finding sopport at this daily zone 1.13071
forming a 3 bottom.
we might see bulls reacting to this zone and moving price up
back to the monthly
on the fib,
clear rejection of the retracement point 0.382 zone
with wicks reaching up to the 0.618
in conlfuence with monthly zone 1.14788.
strong monthly, weekly and daily bearish bias+ bullish DXY
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