Volatility on EURUSD
Yesterday EURUSD rose almost to 1,0500, followed by over 150 pips drop. In this way a reversal candle is formed on a daily chart.
Therefore, today is important to see whether this drop will have the strength to continue or we will see a new peak.
We’re not looking for trades in EURUSD at this stage, again there are better opportunities in the crosses.
A breakout of the previous low will confirm sell opportunities.
Therefore, today is important to see whether this drop will have the strength to continue or we will see a new peak.
We’re not looking for trades in EURUSD at this stage, again there are better opportunities in the crosses.
A breakout of the previous low will confirm sell opportunities.
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