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Now 1.15 is acting as resistance
Now 1.15 is acting as resistance
It is always like that : in the time of uncertainty, psychological levels take over while real support and resistance levels form. That is why we need to wait some time to see what will the new levels be - psychological levels are bad for trading (unless you are scalping)
EURUSD
Now Up Till About +1:30 Hour
Good Luck
It is closing to former short term resistance. Soon we shall see if it will become a support
As usual : when there are not real support and resistance, psychological levels take over. And they are dangerous. As it can be seen from what just happened. 1.15 is psychological level. 1.14 is not any more (it was a long, long time resistance - now it is a support - we have been shown that today). Trade with mandatory stop losses and don't believe to psychological levels
EURUSD
NOW big Low
Good Luck
EURUSD
NOW Down Till About +15 Hour
Good Luck And Good Trend
I am Sorry ...I Forget
Down Till Level Point 1.12537
Good Day
It is stabilizing around level 1.15. If London session open pushes it back up, that is it
It is stabilizing around level 1.15. If London session open pushes it back up, that is it
I don't think that it will happen s fast. First they are going to collect positions at these levels, and then they are going to go for stop loss hunting