EUR/USD Analysis – 14.Jun.2024
EUR/USD Analysis:
By analyzing the EUR/USD chart on the 4-hour timeframe, we can see that after a significant drop, the price finally entered the demand zone between 1.067 and 1.069. Following the accumulation of liquidity below 1.06740, there was a surge in demand, and the pair is currently trading around 1.06980.
The substantial decline in EUR/USD has created numerous liquidity voids and FVGs that I expect to be filled in the short term. This movement presents potential opportunities for traders to capitalize on the market’s volatility. Keep an eye on this pair, as the current dynamics might lead to intriguing price actions soon!
(this post on tradingview)
Author : Arman Shaban
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