Bearish Order Block (OB): A significant bearish order block is highlighted around the 1.09400 level, suggesting potential resistance and a zone where sellers may enter the market.
The chart currently shows a bearish bias, with price consolidating below a significant resistance zone. The upcoming ZEW Economic Sentiment Index will likely play a crucial role in determining the next move. If the sentiment index is positive, it could challenge the bearish order block; if negative, it might accelerate the downward move.
Also I will be expecting a continuing downtrend until Tuesday.
ALL OF THIS SHI ARE BASED ON MY PERSONAL UNDERSTANDING
NOT A LOTTERY TICKET.
ALL OF MY TRADES ARE PAPER MONEY (DEMO)
IYKYK (Shhhhh)