EUR/USD Perspective for the 2nd week of Nov

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EU Weekly Outlook

This week, EU isn’t moving exactly in sync with GU, which is unusual — so we’ll treat it as its own setup and focus purely on what the chart is showing us right now.

- Scenario (A):

I’ll be waiting for a deeper retracement to capitalise on the bullish move and see if a rally can form from the 5hr demand zone below.

- Scenario (B):

Alternatively, if price continues climbing, I’ll be looking for buy setups up towards the 5hr supply zone. From there, I’ll wait to see how price reacts — ideally slowing down before reaching supply, especially with an Asia high sitting just above.

P.S. We’ll see what price does once the market opens Monday morning, but either POI marked could provide a solid setup this week. Stay patient and adaptable! 💪

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.