EURUSD Outlook 2023/2024

The EURUSD has been mitigating the price zone of 1.12147 and 1.17122 since 2015, and had a rejection move from the zone on July.


On the 1W Time Frame:
1. Price did a change of character
2. Price tapped the 0.618 premium zone

There are 3 things that can happen
1. Price rejects the premium zone and pushes down

2. Price enters a more premium zone, then pushes down

3. Price breaks the structure high and pushes up


This is the overall outlook for EURUSD, check out some trading ideas that I have on my profile.