06/10/2021

We break down the EURUSD. We continue to be biased HIGHER, but want to be prudent and wait for CPI as we feel is extremely important.

Daily CHART shows the trend. We break down FRACTALS

EURUSD has been consolidating in a very LOW VOLATILITY environment. Looks CHOPPY and it is searching for direction. Consolidations happen before a move.

A look deeper shows the areas of congestion and possible interest. 1.2145 – 1.2165 should be congested. The BUY ZONE on this TREND is 1.2095 – 1.2115.