Hello everyone,
I'm bearish on EURUSD in general but in the short term, I see it going to 1.0650 level this week.
We should get a short opportunity from 1.0650 level but if we don't then EURUSD will be heading to 1.0800 for real.
Levels to sell from: 1.0650, 1.0800, 1.0940
For this to be valid, I don't want to see price take out the 1.0444 level until it does...
The price of USDCAD gave a nice retracement for more long opportunities last week and is currently heading to the order block at 1.3100 to 1.3200. We may see another optimal trade entry on Tuesday next week or Wednesday for more longs.
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I carry out my Analysis using ICT concepts.
EURUSD is bearish in the short term and bullish long term. The bullish momentum should begin anywhere around 1.0450 -1.0470 which should take EURUSD up to 1.2900 in the long term view.
In summary, I will be bearish on EURUSD until the COVID-19 low is taken out.
Tell me what you think concerning this.
