Caution on EURUSD and GBPUSD
Due to this weeks news events dollar had a massive dip. Trading in to a weekly OB. EURUSD on the other hand was very bullish. Taking out the daily swing high. Interesting to see is that this wasn't the case on GBPUSD. Now purely price action wise, price could do two things. Move up higher, due to the shift and a lot of bullish momentum on EURUSD. OR, this was just a liquidity grab and price is going to use the orders from the weekly OB on DXY to move the DXY higher and continuation lower on euro. Now I do have a bias, but it's uncertain. Wait for the market to show its hands, act accordingly. Don't risk your account or put a lot of risk on an uncertain position. Don't take uncertain trades at all. Act when the market shows its hands. We have days enough to trade.