#EURUSD - 20122024

שלשום

After Wednesday's sell down, price action near term price action showed a recovery and I said to short from higher up. Indeed, we saw a move up of over 50pips before an ability to move higher, and it just closed back near the lows. However the lows still hold. Not exactly bearish though IMO, but could be early to say lows is in in terms of daily candle. For lows to be in, might need a flush down and a quick recovery, similar to what I share for indices.

I would try for longs today, either from a level lower, 1.0320/333 or if price can break above PZ and hold, a long from higher.