- April 24, 2026
- Posted by: EWGFX
- Category: Technical analysis
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Price is currently reacting at a major S/R flip (1.1650) after a bullish move from demand (~1.1500). This level will likely define the next move.
Scenarios:
Bullish:
Holding above 1.1650 with confirmation → continuation toward 1.1800 liquidity and potentially higher.
Bearish:
Break below 1.1650 → opens downside toward 1.1500 demand and possible liquidity sweep.
Read:
This is a reaction zone, not an anticipation zone.
Wait for confirmation on lower timeframes.
Conclusion:
Market is at equilibrium.
The edge comes from reacting, not predicting.