The EUR/USD is in uptrend, however we can see a retail gap. The price could try to close the gap.
88.6 rejection is having a confluence with the order block. This is where we see a nice rejection. A further momentum push to the upside will try to aim for D H3 – 1.2275 and D H4/Gap close 1.2245. Ideally the market should stay above 1.2150 in order for bulls to remain dominant.
Watch for a move up as the price tries to close the gap especially above D L3 camarilla level.
The Analysis has been done with the Black Widow system.