This chart shows the 1hr analysis I have landed at. Last weeks analysis played out rather accurate and ended at the final spot I predicted as we ended bullish for the Euro. I see the geopolitical news being a factor that the dollar is getting beat up the way it is, as well as Gold on its move last week, there wasn't much give for the Dollar.
I have several levels marked up on this chart and this is due to the intraday scope I am looking at for the coming week. I being a bullish character in EUR/USD I have my main levels I want to be ran marked and I will attempt to enter with stops relative to the next level, and if I get stopped, I will probably look for more bullish attempts at the retracement back to the next level (the one that stops me) and see if I cant regain a loss, and catch the start of what hopefully can be a bullish week.
There is still lots of room to cover If i am going to switch bearish on this pair. There could be resting liquidity at many of these levels due to the uptick in the war and many stock positive moves that took place on US30 movers last week. Time will tell, but this is what I am looking at for this week.
Will update on Sunday, the 12th.
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