FX:EURUSD   Euro / U.S. Dollar
360 1 2
Market pushed into weekly support, rejected the area and proceeds in the trend direction.
Under the support traders who were weak long, were stopped out. This encouraged short sellers to trade only to find themselves selling into major support. Sellers quickly run dry and buying resumes.
This was good for the close last night. The consolidation that followed led me to believe that if we broke below the support we would have a significant sell zone. I posted a new chart detailing this
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out