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If we look at the daily chart, what happened yesterday and today is no surprise at all - it was prepared for a whole week :
There are no surprises in this
And now we are exactly at the same place as one week ago
Again in a ranging period?
And now we are exactly at the same place as one week ago Again in a ranging period?
Seems so. A slow rise to 1.3620 tonight and in the morning here we go again
Seems so. A slow rise to 1.3620 tonight and in the morning here we go again
Algo trading
Seems so. A slow rise to 1.3620 tonight and in the morning here we go again
I think so too, let's see tomorrow then.
lets see if the 1.3600 acts as a support now that it has been broken on the EURUSD, but the 200 day EMA is acting as a good resistance.
Seems so. A slow rise to 1.3620 tonight and in the morning here we go again
And here we go again
New tight ranges games
And here we go again New tight ranges games
Probably one more 1.36 bounce up (no news today - depends on rumors)
It will have to be a big rumor to move this one significantly
Friday + football + no volatility + no volume = bad combination for safe trading
What a nice little fake breakout. I hope that nobody actually thought that it is happening. No breakouts today guys