๐๐๐ฟ๐ผ ๐๐๐๐๐ฟ๐ฒ๐ ๐ช๐ฒ๐ฒ๐ธ๐น๐ ๐ข๐๐๐น๐ผ๐ผ๐ธ
๐๐๐ฟ๐ผ ๐๐๐๐๐ฟ๐ฒ๐ ๐ช๐ฒ๐ฒ๐ธ๐น๐ ๐ข๐๐๐น๐ผ๐ผ๐ธ | ๐๐๐ด๐๐๐ ๐ญ๐ฌโ๐ญ๐ฐ, ๐ฎ๐ฌ๐ฎ๐ฒ
The **Euro Futures (6E1!)** can be viewed as a useful counterpart to the DXY. While they are not exact mirror images, they often show a strong inverse relationship.
The situation is therefore similar to the DXY โ **but with one important difference.**
Looking at the last two weeks, the Euro Futures are currently trading in a **Premium area** of the recent range.
The NFP release pushed the USD lower on Friday, which logically supported the Euro and pushed **6E higher**.
But after this move, I am now looking at the liquidity below.
Below the **equilibrium of the current bullish trend**, we have **Sellside liquidity**.
The **OTE / sweet spot** also provides an area of interest where liquidity and an H1 FVG could potentially align.
This creates an interesting setup:
**Premium โ liquidity above/below โ potential retracement โ confirmation**
My bias for next week is therefore:
๐๐๐ฟ๐ผ ๐๐๐๐๐ฟ๐ฒ๐: **๐๐ฒ๐ฎ๐ฟ๐ถ๐๐ต**
And consequently, my directional bias for **EUR/USD is also bearish**.
As always, the bias is only a framework.
I will wait for the market to take liquidity and then look for **market structure shift, displacement and a retracement entry**.
**๐ก๐ผ ๐ฟ๐ฎ๐ถ๐ฑ, ๐ป๐ผ ๐๐ฟ๐ฎ๐ฑ๐ฒ.**