Pullback and down for EURUSD

Hi traders,

Last week EU made a pullback into the 4H FVG again and after that it dropped to take out the Weekly liquidity (low of 2023) below. It came into the Monthly FVG and rejected from there to the upside.

So next week we could see a pullback into the Daily FVG above and after that more downside.

Let's see what the market does and react.

Trade idea: Price is too low to trade. Wait for a bigger correction up or a reversal.

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This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.

Don't be emotional, just trade!

Eduwave
Elliott WaveTrend Analysis

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