Euro Price Analysis- 27 Jan 2024
Weekly Analysis: Currently we are having strong support in the W-iFVG level. But there is a strong W-BSL level- 1.07234.
The W-iFVG is holding the level it's a strong level, Based on the DXY move if the DXY move higher then we could see some bearish move towards the W-iFVG-CE(1.08050).
We are neutral on weekly, if we have daily closer bellow the W-iFVG-CE(1.08050) then the market will be bearish.
Weekly Bias: Neutral.
The W-iFVG is holding the level it's a strong level, Based on the DXY move if the DXY move higher then we could see some bearish move towards the W-iFVG-CE(1.08050).
We are neutral on weekly, if we have daily closer bellow the W-iFVG-CE(1.08050) then the market will be bearish.
Weekly Bias: Neutral.
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