EURUSD 14/02/2024 Update

Daily

FINALLY. Daily and 4hr trend has aligned.

Daily trend - bearish
Internal 4h trend - bearish
Expectation long term is to take out Daily weak lows.



4 H

Price has broken the previous 4h swing low, shifting the structure to bearish.

Expectational order flow is to take out the daily weak swing lows.



After structure breaks, we expect there to be a pull back.
There are unmitigated supply zones present.



1 H

Big imbalance following CPI.