Price has hit the daily level and order block that has been in my targets for the last few weeks.
We could see a reaction from this area taking price back into the premium market off this current leg. This would also be filling in imbalance left from last weeks impulse.
New bearish daily Orderblock at 1.6000 could be a good target if price reacts from where we are now. But it is to note that there is liquidity sat just above that at 1.6200.
As it stands we are just following the expectational order flow until structure is broken.
We could see a reaction from this area taking price back into the premium market off this current leg. This would also be filling in imbalance left from last weeks impulse.
New bearish daily Orderblock at 1.6000 could be a good target if price reacts from where we are now. But it is to note that there is liquidity sat just above that at 1.6200.
As it stands we are just following the expectational order flow until structure is broken.