TradeXMBL

EUR possibility for rangebound month?

TradeXMBL Updated   
FX:EURUSD   Euro / U.S. Dollar
Checking the EUR/USD pair and it shows that there is a clear battle going between buyers and sellers, however Institutional and Asset managers increased their long positions to the following:

510,675
+4,716 from previous week

This could potentially mean that they are preparing for big uprise after NFP, or a shock on the market is going to happen whereby longs are going to be squeezed for the next month.

The medium trend is bullish, so any major selling will most likely be accompanied by buying...

Be careful, the market is very manipulated at the moment... sharing the order blocks I have found on particular prices, watch the reactions around those areas.

Happy hunting.
Comment:
EUR / USD collecting liquidity as we speak, I suggest scalp highs and buy lows until FED decision, I wouldn't place any long term positions on this pair.

The pair nicely bounced from the supply zone, and indecision candles are printing further strengthening my stance
Trade closed manually:
Pair played out as expected, plenty of pips collected there, waiting for NFP news now

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