1. Liquidity (Buy side and Sell side) 2.imbalanaces During market open for the week, at Asian session, I would expect buy side liquidity to be taken. Then price trade lower to create a sell side liquidity which is inturn taken out before a rally to the upside. My bias for the week is bearish but after a short bullish move to fill imbalance at 1.03619 zone
As seen on the daily timeframe, the trend is downward. Price formed a descending triangle, a downtrend continuation bias pattern.