Daily Projection EUR/USD
1. We are bearish in Weekly time frame and Daily time frame, as you can see here price has done a complex pull almost 100%, in my opinion price can get a bit dipper into the red zone but corrective phase has ended.
2. As we are bearish in Weekly, it indicates price has just started its impulse journey with objective to break last low (1.0450), but of course price doesn't move in a straight line so it will take a while to get there.
3. On the other hand, that dashy blue lines indicate all the liquidity below to be covered which strengthen more our analysis, liquidity acts like a magnet therefore at any time price will go there.
2. As we are bearish in Weekly, it indicates price has just started its impulse journey with objective to break last low (1.0450), but of course price doesn't move in a straight line so it will take a while to get there.
3. On the other hand, that dashy blue lines indicate all the liquidity below to be covered which strengthen more our analysis, liquidity acts like a magnet therefore at any time price will go there.
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