Euro / Đô la Mỹ

EURUSD Multi Timeframe Analysis 11.10.2024

15m Swing Bearish Internal Bullish

The lows that I mentioned on my previous 4H chart have been swept and we got a strong bullish reaction after deeper mitigation in daily demand

There is no clear supply above and a lot of liquidity left behind.

Once ( if ) price sweeps the 15m Swing high, we will then have 4H bullish ChoCH that might indicate 4H pullback have started

PPI today at 13:30 UK time
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4H

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Daily

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15m Structure Update

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We see the 15m structure built as predicted in the morning. I took a long with the sweep of the low in 15m demand as I expected bullish momentum to continue. Although the 15m swing is currently bearish, I will look for CONFIRMATION longs from 15m demand to follow 15m bullish internal order flow.

PPI at 13:30 UK time so we could see slow price action till the event come out
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15m Update, no trade entry as price kept pushing down

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