currencynerd

EURUSD , analysis.

FX:EURUSD   Euro / U.S. Dollar
price is currenctly reacting to a key supply level taken from the daily timeframe @1.16225 , if the level is strong enough it might cause bearish momentum to get into play and push price down to daily demand level @1.15494 which may cause buyers to get into play as its the level that broke our bearish tendline. another scenerio might be price continue to go up to react to an original and fresh 4h supply zone @ 1.16500 which is a nested zone inside the daily supply zone before going down to demand @ 1.15494.

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