In this Video, I go over the EUR/USD and this week's price action. Looks pretty flat as of right now with just one more day left in the week but we'll have to see how we end up and prepare for the upcoming trading week.
Great analysis. Thanks. I dont price will reverse further down until the next NFP release or FED/ECB Interest Rate Descion Days. Those can trigger 200 pips accumulation drops even if global trend is up. Price is just filling inefficiencies (gaps, imbalances, skinny legs) to the downside. Those are usually filled with corrective / efficient price movement with small pullbacks. I stay in longs. The only things that concerns me are overnight swaps:) Yearly Median Pivot MR1 (middle btw yearly Pivot and Yearly R1) at 1.10978 will be hit tomorrow or next week.