EURUSD: A wave of hope for the BULLS

EURUSD

Price has been trading within the confines of a bearish range but price shows a countertrend bullish intent which is needed to cause price return into the inception of the bearish impulse.

Presently, we can see price created a bullish impulse on the daily timeframe. We expect price to trade into the inception of the bullish impulse before clearing the buy-side liquidity resting above the end of the last bullish impulsive leg.