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 Telegram : Dave FX Hunter        28 October Avenue, Limassol, 3035, Cyprus

EUR/USD Potential Short From D1/W1 Supply Zones

EUR/USD potential short from D1/W1 supply zones

Monthly is in consolidation and pair is droping from monthly supply which is in control and pushing price lower. Weekly and Daily downtrends now in the weekly supply zone with nice rejection as well in the nested daily supply zone. This confluences and considering that banks are shifting their positions exposure to the short side could support the move downside. Dollar index is in the weekly DZ and could move higher.

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