EURUSD: Very Bearish Outlook 🇪🇺🇺🇸

2022年9月11日

Friday's daily candle was nicely rejected from the confluence zone based
on a resistance line of a major falling parallel channel and a horizontal supply cluster.

I will be bearish on the pair till the price is trading below/within the underlined area.
From that, I will expect a trend-following movement.

If you are bullish, I would suggest waiting for a bullish breakout of the blue area first.
Only then consider buying on a retest.

Good luck next week, traders!

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️