EUR/USD – Daily Time Frame Analysis | April 20, 2025
Top-down analysis starting from the daily chart. The market continues to move within the premium trading range, bouncing between the supply zone (D_SZ) and the Daily FVG.
The rebalancing of the FVG successfully pushed price back up, placing the market within a favorable zone for long setups. Volume was absorbed at the first bullish order block, which was confirmed and followed by the formation of a second one.
This second order block, if broken to the upside, gives us a solid opportunity to enter long trades with increased confidence, targeting the Monthly Fractal High (MFH).
Key Technicals:
- Bias: Bullish
- Structure: Premium range + bullish OB
- Opportunity: Longs above second OB
- Target: MFH (Monthly Fractal High)
Stay tuned for the upcoming 4H and 15m breakdowns for tighter entries and confirmation zones.
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