1D - On the daily timeframe, a large FVG (Fair Value Gap) has formed, and it will take at least another week to work through it. Simply put, we are in an MS Range, where the price is likely to react from the boundaries and eventually move higher. The scenario would be invalidated if the price consolidates below 1.076.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.