EURUSD is close to the first and strongest resistance structure zone.
Currently, we have two factors that stopped the price near 1.0770.
The fist one is the structure and the second one is the Inflation numbers
that will be shared on Thursday.
So both stopped the price to rise further.
If the price will manage to break through 1.0770 than the next target
zone will be 1.1150.
So let's see what the CPI data and Powell's speech will bring us this time.
Thank you and Good Luck!
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Thread: EURUSD: A Structure Perspective
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11-01-2023, 08:01 AM #1
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EURUSD: A Structure Perspective
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12-01-2023, 07:07 PM #2
The ability to analyze this is something that traders must pay attention to and have, because they already have analytical and management skills. Then traders will be able to feel comfortable and safe in carrying out their trading activities. I have also done this at the Tickmill broker.
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