today was a particular day on the EUR/USD
i hope this analysis will help you to understand what did happen today,
let's start speaking about the pair reached a instresting level, (the orange box on the chart)
buyer's started buying in the zone, so we've seen a rejection in that area, (the lower wick of today candle)
once the momentum was ended on the 15m chart, after a lot of green candle, we've seen some form of rejection.
but then news on brexit came out and we had another big push
now what could happend?
after a push like today has done most of the traders took their profit's
and also there's a sell pressure, that's mean duble action on the bear side
i'd like to see a breking of the zone and then a retest of the zone at 1.06912
trade safe!
i hope this analysis will help you to understand what did happen today,
let's start speaking about the pair reached a instresting level, (the orange box on the chart)
buyer's started buying in the zone, so we've seen a rejection in that area, (the lower wick of today candle)
once the momentum was ended on the 15m chart, after a lot of green candle, we've seen some form of rejection.
but then news on brexit came out and we had another big push
now what could happend?
after a push like today has done most of the traders took their profit's
and also there's a sell pressure, that's mean duble action on the bear side
i'd like to see a breking of the zone and then a retest of the zone at 1.06912
trade safe!