Today during my day trading hours i was looking for any potential long entry on the EURUSD however my overview on the higher time frames is bearish after price recently creating a new lower close below 1.1037 and also price is yet to hit my next support level which is down at 1.0820

The rex box indicate the area of which i expect market to find resistance at and push down which we are starting to see as price tried to push all the way up to the high of that zone but bears still managed to push it down which indicate that the bears are starting to take control so tomorrow will be very important to see whether the bears will take a full control of the pair .
Of course the important factor on Friday will be the NFP and specially paying a closer attention to the average hourly earnings , the expectations suggest that there will be no improvement in any of the numbers which will be released on Friday however still with the market already priced in and expecting no further improvement in the current numbers so that might end up with no much of an effect for the event which is something we've seen most recently as well specially with a more important factors around the market right now including the trade war and brexit .
Forecast is showing that no improvement the the NFP as it drops from 164k down to 158k while also average hourly earnings show no improvement in the last month as well while it drops to 3.1% from 3.2% on a yearly basis but with the market already expecting that there will be no much reaction if we see the news coming out as expected .
On the other side of the pair will be the EUR .
On Friday ahead of the NFP the Eurostat will release the GDP numbers in the EU area which is expected to come out with the same numbers as the previous release , for me I will watch this very closely .
Once again lets get back to technical analysis but this time on the H4 chart

Once again price came up to this resistance we already spotted on the Daily however it also closed above the 50 EMA more than once and also it didn't go to overbought conditions on the RSI which i set at 80% for overbought and lastly it didn't give me any sort of valid entry to try to take a short trade so with that being the case I will still actually be looking for long entries on the daily basis until I see any valid entry to try to capture a swing trade at least back down to 1.0930
Conclusion :
EURUSD is stil bearish on the longer term however on the daily basis it's moving up , right now there is no reasonable entry on the higher time frames so will be on the side for now in terms of swing trading , on the other side on the lower time frames during my day trading hours will still be looking for long entries .
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