EURUSD: Important Structure Ahead!!! (Trading Plan)
With DXY weakness EURUSD keeps growing.
We saw a nice expansion this week and it's time to look for the next strong supply area.
I am paying close attention to the confluence area between:
1.2 horizontal resistance (current structure high);
Rising trend line ;
1.272 extension of the last bullish leg.
I won't expect a major reversal from the identified area,
rather a pullback to 1.195 at least.
I will be looking for a confirmation on lower time frames before I short.