EURUSD potential forecast | 2nd November 2022

Hi everyone, today I will be talking about a possible EURUSD short trade using Smart Money Concepts.

Trade Idea
- Price rebounded off the fair value gap and market inefficiency as noted by the FVG zone.
- Anticipating price to continue moving down in light of the upcoming FOMC meeting.
- There is a possibility of FOMC pushing price further down.
- Price is still BEARISH structurally and is forming lower lows and lower highs.

These are my confluences to why I believe price can continue headed down.

Do leave a boost and a comment!

Will love to hear everyone's opinion on EURUSD now.