Hello traders!
‼️ This is my perspective on EURUSD.
Technical analysis: Here I still looking for shorts position and expect price to continue the retracement to fulfill that huge imbalance and then to reject from bearish order block where I will look for a confirmation on lower timeframe.
Fundamental analysis: On Wednesday 22nd of March we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. The raise of interest rate means strength of currency this could support our bearish price action.
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‼️ This is my perspective on EURUSD.
Technical analysis: Here I still looking for shorts position and expect price to continue the retracement to fulfill that huge imbalance and then to reject from bearish order block where I will look for a confirmation on lower timeframe.
Fundamental analysis: On Wednesday 22nd of March we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. The raise of interest rate means strength of currency this could support our bearish price action.
Like, comment and subscribe to be in touch with my content!
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t.me/Snick3rSD1
🌶 SpiceProp presents the offer with a 5% discount for any challenge.
🎁 Discount Code - SNICK5
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