EURUSD 4H – Bullish Structure, Waiting for DiscountEuro / U.S. DollarFOREXCOM:EURUSDTradesWithVahidEURUSD is currently trading in a bullish market structure on the 4H timeframe. Higher prices are expected in the bigger picture. However, price is deep in premium territory, which makes buying at current levels unattractive. I expect a corrective move lower into the 4H Fair Value Gaps before looking for confirmation on lower timeframes for potential long setups. Interesting observation: On the Daily timeframe, EURUSD has formed an SMT divergence with DXY. This increases the probability of a clean corrective move to the downside. If the correction is orderly, short setups can also be considered today. If the SMT fails and DXY takes out its previous lows, the short bias loses value and I will simply wait for price to reach discount zones for buys. Focus remains on patience and waiting for proper location.