Hi Guys, hope you are all having a great time. Just working on this EURUSD and it seems like we might be in a triangle or flat , I am more lean to the triangle because of corrective nature of this wave coming down now.
Based mostly on Market Profile and Price Action (daily charts) the strongest levels for short swings are 1.0710 and 1.0765. Heavy volumes were traded between those levels (accumulation) followed by strong rejection of higher prices resulting into renewed sell-off. I think that the sellers will be active there again.
Only thing to watch out for is ECB meeting on Thursday. Basically anything can happen there and I won't be trading during this event.
You can see my analysis here:
I Do not this chart really we do not know -whats happen in future for Europe nations
i heard wave of bad news economic in Europe incoming Fundamental news saying something different
i heard EU UNDER 1.05 AND 0.09