Volume profile analysis suggests in the bearish run there has been profits taken and potential longs opened at lower prices. This along with the volume imbalance (potential trapped longs) at the the start of the run suggests a deep retrace back to VAL(1.15287) and POC (1.21265) for further accumulation before the next move.
We will have a long bias on EURUSD until the levels above are resolved, using this bias to enter swing trades on lower timeframes.
We will have a long bias on EURUSD until the levels above are resolved, using this bias to enter swing trades on lower timeframes.