Weekly EURUSD analysis, 10-14 June.
- Price has reacted to the old demand zone, and reached the supply that caused the break.
We expect to continue bearish.
Confluence from LTF.
W:
- The INT pullback phase is already on the extreme range and swept the LQ to the left and reacted.
we don't know if it will continue up or will shift bearish.
Confirmations from LTF.
D:
- As a structure, Longs makes sense now from a good demand area.
We could see just a reaction before the break to the downside, or we could see the break straight away.
Follow the Lower time frame to get more confirmations.
4H:
We expect to continue bearish.
Confluence from LTF.
W:
- The INT pullback phase is already on the extreme range and swept the LQ to the left and reacted.
we don't know if it will continue up or will shift bearish.
Confirmations from LTF.
D:
- As a structure, Longs makes sense now from a good demand area.
We could see just a reaction before the break to the downside, or we could see the break straight away.
Follow the Lower time frame to get more confirmations.
4H:
Penafian
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