In this video we start by observing the movement of Eurusd from a top down perspective. We eventually break down the week's fundamental news releases and their impact on price behavior on the 1 hour timeframe as this is the bulk of the video. This week we went up and they came straight back down. Fundamental news releases played a suspicious role in the price behavior this week and we investigate their significance.
Comment:
Anticipating price to Tap into 1.07 weekly support zone this next week. Look at that top wick on the previous weekly candle and the fact that we have printed 7 bearish weekly candles in a row