On the higher times 4h and daily, EU is still bearish forming lower highs. Yesterday price hit a 4h supply zone which is significant in the sense that bearish market structure could continue from here. After an initial reaction to the downside, price pulled back on the intradays by forming higher lows but failed to break the high formed yesterday. Currently short, let's see if lows can break for a nice Friday drop before the weekend
Price has to at least break the two demand zones to be heading any lower
Price has to at least break the two demand zones to be heading any lower