Institutional money-taking profits contributed to the move up to a key area. Now, we need shorts to step in and drive the price through the trend established over the last few days. Read the chart for more info.
Note
Large speculators
Euro/U.S. Dollar HIGH 52H152,360 LOW -50,304 WEEKS: -42,557 -7,437 -21,653 -50,304 -28,524 17,150
Trade active
It would be nice with some volume pushin' price in our favour but I think it will range or slightly go up until next week. Im still short with trailing atr on bigger frames.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.