Hey Fam,
EURUSD is currently at a monthly sell-side liquidity which is likely to be hunted because as seen on the dollar index (DXY) (inserted below), the dollar is poised to continue seeking higher prices. If this is to be true, EURUSD will sell into the daily order block from which I would be expecting to see a bullish rally in price.
Follow for more updates like this.
DXY ANALYSIS
Cheers,
Jabari
EURUSD is currently at a monthly sell-side liquidity which is likely to be hunted because as seen on the dollar index (DXY) (inserted below), the dollar is poised to continue seeking higher prices. If this is to be true, EURUSD will sell into the daily order block from which I would be expecting to see a bullish rally in price.
Follow for more updates like this.
DXY ANALYSIS
Cheers,
Jabari
