In this video update, we take a look at EURUSD and how it is moving within the key demand zone.
Price could find buyers here despite the current USD strength and weakness forming in the Eurozone.
The key lows around 1.1200 need to be broken and closed below before confirming any breakout of the structure.
Look for the market to respect the range with any cycle changes on the 1hr chart confirming some potential upside.
Price could find buyers here despite the current USD strength and weakness forming in the Eurozone.
The key lows around 1.1200 need to be broken and closed below before confirming any breakout of the structure.
Look for the market to respect the range with any cycle changes on the 1hr chart confirming some potential upside.