Euro / U.S. Dollar

EURUSD 1D


Hello, everyone! I suggest analyzing three potential scenarios for the development of events on the #EURUSD pair using the higher timeframe.

1 (marked in black on the chart) - Currently, we are in the imbalance zone of the 1D timeframe. Potentially, the price may clear the imbalance and continue moving downwards, possibly making new lows.

2 (marked in red on the chart) - Based on confirmed order flow, we might see the price in the 1.08 zone for liquidity removal, with the potential for a downward move, similar to previous instances marked in red.

3 (marked in green on the chart) - This scenario could become valid if the price reaches and consolidates above the 1.08 level. In this case, the previous order flow would act as continuous liquidity.

Have a great day, everyone!

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