Technical analysis
EUR/USD – Smart Money Analysis: Bulls Maintain Their Upward Momentum
EUR/USD remains within the local bearish
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05.08.2026 05:46 PM
EUR/USD remains within the local bearish impulse that began on April 17, although with each passing day the bulls are moving closer to establishing a trend of their own. To achieve that, they need only invalidate Bearish Imbalance 17.Let me reiterate a few important points. Imbalances tend to work best within the same impulse. If an imbalance forms during a bearish trend but is tested after the market has already shifted into a bullish trend, the resulting reaction may be
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