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Jul 4, 2016 6:10 AM

EURUSD Order Book - London Open 

Euro Fx/U.S. DollarFXCM

Description

Overall bias is for a move higher.

Lack of stops above 1.1150 means a likely dip to 1.1100 stop losses before moving higher.

Heavy bidding interest at 1.1100 and very heavy interest at 1.1000

LEGEND
Purple - Limit Orders
Red - Stop Loss Orders
Dark yellow - Stop Loss Orders (secondary source - less reliable)

Comment

Run on stop losses at 1.1100 for a low of 1.10977

Comment

Any breaks above 1.1170 will be significant

The 1.1100 to 1.1160 move illustrates the value of market analysis purely from an order flow perspective
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