Eurusd has been oversold from the previous weeks and so therefore with the candlestick indication, the pair will go for a buy on condition that if price breaks and close above the trendline then the long bias is strongly opted for.
Price has gotten to the previous high level where it respected the strong supply zone and began to reverse. It has formed a double top pattern on 4h time frame and is currently ranging between the strong supply zone and weak demand zone where I am expecting price to Breakout and retest on the weak demand zone before it moves to the strong demand zone. So when...
My personal analysis and bias on the eurusd pair for the week.