A clear direction of EURUSD in January.
1. The price was trapped inside an Oder block shaded yellow but also notice how it was respecting the IFVG which then acts as support.
2. The price is not likely gonna break out the OB and IFVG areas.
3. My bias will depend on lower timeframes but I'm only for buys at this moment.
4. Today is CPI and the dollar is more likely to weaken based on my analysis
Thoughts?
2. The price is not likely gonna break out the OB and IFVG areas.
3. My bias will depend on lower timeframes but I'm only for buys at this moment.
4. Today is CPI and the dollar is more likely to weaken based on my analysis
Thoughts?
Penafian
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