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This one is not stopping now
It died a sudden death This market is heavily controlled - there was no reason whatsoever to come back to 1.36, and still, here we are
Tight trading range here, it should stay in this range until next big news.
4.5 pips range in the last 5 hours
Back to 1.36 level until next news send the euro tumbling again.
The GBPUSD stays above the 1.7000 level. This level has been acting now as a support, therefore it may try to visit its latest high around the 1.7062 level.
Wow - what a breakout
That was usually a 1 our range for a single bra before
That is not a breakout
That is an artificial volatility caused by some algo in order to cash in some money. The EURUSD volatility is at its historical low - there is no volatility - banks stepped out when they had to pay for rigging
That is not a breakout That is an artificial volatility caused by some algo in order to cash in some money. The EURUSD volatility is at its historical low - there is no volatility - banks stepped out when they had to pay for rigging
Or they are pricing in bad US news already.
Then they are going to use the news to push it further up
Or they are pricing in bad US news already. Then they are going to use the news to push it further up
Or we are going to see 1.36 again
I think we are going to see a usual nice little whipsaw