curtal

EURUSD & DXY OUTLOOK | 4H

OANDA:EURUSD   Euro / U.S. Dollar
DXY is kinda aligning with my bias. I personally think it will go for the imbalance and the gap will act like a base. For EU I'd look for shorts in the whole retracement zone. I have two POIs which I marked - 2WT & DBD. I always make sure DXY aligns with EU when I'm entering. Keep it in mind. The whole retracement zone is a big supply zone.

I personally do not think that EU will exceed it but in case it does the same POIs will work as Demand - D>S.

What do you think?

2WT = 2 Way Trap
DBD = Drop Base Drop Supply Zone

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