EURUSD
TECHNICAL ANALYSIS
On the daily chart, like GBP it has also been seen weak and falling after the price made a new high in july. Right now for the point of reversal, very old support and resistance flip is at 1.05164 which also is the sell side liquidity of the whole swing. On the 4-hour chart we can spot a clear break of structure to the down side which means that trend is still bearish the price can retrace back upto the supply zone and continue towards the sell side liquidity. So the price might reach to the 4 hour supply zone in that retracement if we get a good liquidity grab and the displacement towards the upside. It will be a good towards the supply zone at 1.06319.
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