Eurusd/gbpusd - page 1655
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It already broke it This is a rock falling down now
Now we shall see if it enters ranging period (it needs to break the previous lowest low in the last 9 months first to continue down)
It looks like you were right : a dance around 1.3350 now
With these ranges and volumes, and with this trend, it was logical that EURUSD will find a temporary support at 1.3350. We shall see tomorrow if it will hold
We had some bounce movement, price back to 1.3368. Those who have not already short will probably hold off with new position until we get a bounce back to 1.3355 zone.
It is the level that was at a moment when German ZEW was published. Either intervention or traders simply think that German ZEW is not important at all now
And after all we are back to the same old 10 pips range Asian session
Attention to the pullback to the 1.68 on the GBP/USD, it may try to continue going higher from there.
A day filled with data. Probable whipsaws all over the place
With all those news it could end up with no change at all
Psychological 1.3350 support is holding for now. It seems that we are in a ranging period