rob_WRLD_

EURUSD Sell to 0.98

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FX:EURUSD   Euro / Dólar Americano
EURUSD now retesting key level at 1.04. Additionally, it lines up as a 61.8% retracement from previous swing high and swing low.

It's currently rejecting with a double top forming on the H4. Daily closed with a bearish engulfing as well.
To enter a short position, H4 has to start forming bearish market structure for more confidence.

Fundamentals:

EUR: Facing energy crisis heading into winter, political instability

USD: CB is still very hawkish for the rest of the year

*More fundamentals on weekly commentary paper

What do you think? What's your EURUSD forecast?

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