EURUSD 4HR CHART BUY POSITIONS Euro / United States DollarCMCMARKETS:EURUSDShavyfxhubThe EURUSD exchange rate in the money market close of Friday is 1.17630 euro serving as the base currency and the dollar as the quote currency. Trade direction will be based on the strategy of dollar index to key reactions as illustrated on the 4hr chart. the structure is under sell pressure ,but the promise for upswing hinges on the break of the current supply roof on monthly TF. i will be watching a structural breakout and on retest go long with caution as the long-term trend is bearish. strategy to trade EURUSD like wall street banker in treasury department. (1) what is the current ECB rate (2) what is the current EU10Y ((euro 10year treasury bond yield) (3)the carry trade advantage (4) upcoming economic dockets such as GDP ,EMPLOYMENT AND UNEMPLOYMENT outlook (5) the current structure of the dollar index ,the reason to keep this in check is based on the dollar index as a key barometer in EURUSD exchange window. rising dxy along side US10Y will affect EURUSD long position based on the interest rate and bond yield differential Market structure topdown from 6month,3months ,monthly, weekly and lastly daily. the higher the timeframe break and retest of a structure the stronger the bias. EURUSD am technically on hold ,i wont buy EURUSD yet until monthly breakout of supply roof acting as dynamic resistance to upswing, the reason is based on trend from the chart . the higher time frame is still bearish . on lower time frame look for buy position and scalp for few pips,buy if you are holding long for the future expect EURUSD to gain on monthly breakout. #EURUSD #EU10Y #US10Y #DOLLAR #DXY GOODLUCK