EUR/USD - Forecasted Potential Setup for the Next Few Days

Currently, the price is forming a descending triangle pattern. I expect it to take liquidity at the 1.07100 level before making another higher low. My focus is on the 1.07350 level as a potential entry point for short positions. Given that the price is down across all timeframes, I am not considering long positions at this moment.

If the price breaks the daily highs, this setup will become invalid, and I will then look for long opportunities on a pullback. However, for now, my strategy is exclusively oriented towards shorts.

Confluences:

1. Forecast for negative DXY news on 27/06/2024, which is expected to cause a pullback.
   
2. Anticipation of positive results in Friday's news, potentially causing a breakout in this pair and a test of the weekly highs for DXY.
   

Like and comment if you agree with my setup idea.