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Unsurprisingly today's fundamentals provoked one big whipsaw, EUR/USD is back where it started at 1.1290 and testing the support at 1.1270. If it breaks below it the pair would likely reach 1.1200, but consolidation continues.
Never underestimate a good whipsaw
This one was epic. Tomorrow back to ranging
So much about bearish trend talks. Looks like EURUSD is following your channel
I think the other way around : that my chart is following the trend
Today another test of secondary bullish channel support. We shall see the next week what happens
I think the other way around : that my chart is following the trend
Today another test of secondary bullish channel support. We shall see the next week what happens
Yeah. Today it is a dead day - no volume at all
EUR/USD is currently testing the support at 1.1240 and it will likely break below it and reach 1.1200 soon. Next week we'll probably see it move below 1.1200.
Yeah. Today it is a dead day - no volume at all
It took a significant dive though. Monday will show more
It took a significant dive though. Monday will show more
Profit taking?
Profit taking?
Seems like it. London session waiting - Asian session is contrarian, as usual
No trend change yet. Support is tested as wee speak. Next few days will show us the future trend development
Expecting revisit to level 1.1250 before entering long on EURUSD. Initial stop at 1.1200, after that, trailing stop