FX.co ★ EUR/USD

Hello traders. Wishing you profitable and successful trades. The trading pair is EUR/USD. On one hand, there is a fairly high bullish activity, but the overall bigger picture on the daily chart indicates a more dominant bearish activity over bullish. I believe it's important to consider the sell zone level at 1.17288 and the buy zone at 1.19136. The area between them is in a state of conflict, leaning towards a flat market and price being pulled back and forth between short and long positions. Therefore, I expect the price in this zone to make a trading decision. Daily timeframe.

4-hour timeframe. The price objectively shows bullish activity, but not strong enough. Today, I observed the price throughout the day and saw a very good and strong bullish activity right at the market open, but the price couldn't break above the zone at 1.18095. There is a struggle, but as the trading day is coming to an end, it seems the bears are taking control. However, I think it's right to pay close attention to the sell zone level at 1.17288. I have little faith in the buy situation, but still, the buy zone starts from 1.19136.