FX:EURUSD   Euro Fx/U.S. Dollar
823 0 3
We are trading at resistance (1.3450/1.3415) and if we clear it, we could go to 1.37. This would be the next stop. However looking at a 12 month Market Profile Chart, we see that right now we are trading at Value Area High and this is important because if we fail to breach it, then the next stop will be the point of control at 1.3050.
We can see also that divergences are present and oscillators are overbought, which means that we need to have a lot of strength to get through the current resistance zone.
Safest thing right now if to go down to lower time frames to figure what the tape is telling us.

Trade well...

S.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out