This 15-minute EUR/USD chart highlights a Smart Money Concepts (SMC) market structure. Price is currently reacting from a weak low, suggesting the potential for a short-term bullish retracement toward the nearby liquidity zone around 1.1420–1.1425. After this corrective move, the primary bearish trend is expected to resume, targeting the major support near 1.13935.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
