✅ Here we can see a bullish market structure on H4 with HL (higher lows) and HH (higher highs), so I think that now we are in a retracement as the price has to close that huge imbalance. I expect the price to reject from that H4 OB (order block) + institutional price level 1.10000 and to go higher to form another HH.
‼️ Tomorrow we have important news on USD that can make clear where the price would go, so my recommendation is to avoid trading 2 hours before and after the news event and only after that if the setup confirms, to open a position.