EURUSD 4-HOUR CHART – Typical Start to the Quarter
Those who follow me should know how I feel about the start of a new year and new quarter, this one had liquidity dry up even more due to the 4-day Easter break.
This makes it hard to absorb flows and often sees false starts and whipsaws, as has been seen so far this week.
With that said the dollar is on its back fOOt and the level EURISD bears do not want to see trade is above 1.0868.
Whatever the case, EURUSD 1.08 will set the near-term bias.