EURUSD turned lower after spiking above the important 9/10 high. As mentioned yesterday, my ‘favored’ view is that action since the September low is a B wave. Focus is lower in wave C towards 1.1495 (2 equal legs down would be 1.1510). Also, an 8 hour volume reversal triggered today (see scandex.com/2020/11/...stock-market-signal/). These have been reliable in recent years.
Director of Technical Research at Krilogy, author Sentiment in the Forex Market
Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/