After the NFP on Friday, Euro USD has been left in a bit of a middle ground. Looking at what we have directly in front of us with this price action, we have a clear unmitigated one hour supply above along with a demand at the base of our impulsive shift and with the demand, we also have clear trend line equality which looks too clean to be left.
So following what we said about gold, I'm looking for either a downward shift to lead us into a corrective push up, Or a push high to lead us into the corrective, move to the downside.
Make sure that you always use your confirmations to get into a trade and always be flexible with your analysis. Remember, sticking to your trading plan and consistently entering the same setups will bring you profitability.
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