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Directionless market continues for EURUSD. There will be no significant change before the new year
In a 30 pip range it is impossible to trade
Happy holidays guys - I am out of trading![](https://c.mql5.com/forextsd/smiles/smile.png)
This is slow short positions collecting. And then when they have enough, then the sudden drop will happen
You're right, EUR/USD reached the resistance at 1.0990 - 1.1000, failed to break above that level and fell sharply. The pair will likely reach the support at 1.0900, and if it breaks out below that level it will continue towards the next support at 1.0800.
You're right, EUR/USD reached the resistance at 1.0990 - 1.1000, failed to break above that level and fell sharply. The pair will likely reach the support at 1.0900, and if it breaks out below that level it will continue towards the next support at 1.0800.
For now 1.09 is a support. We shall see what will tomorrow bring, but the liquidity is terribly low and the price is highly manipulated now
That was some stop loss hunting - pocket money for holidays![](https://c.mql5.com/forextsd/smiles/smile.png)
That was some stop loss hunting - pocket money for holidays
The usual![](https://c.mql5.com/forextsd/smiles/smile.png)
Directionless market continues for EURUSD. There will be no significant change before the new year
Agree, the pair found support at 1.0900 level while remains quiet and low liquidity.
No liquidity at all. Barely a couple of small traders in the market now
No liquidity at all. Barely a couple of small traders in the market now
That is the usual when the holidays are like this time. Only next week we shall see some PA
For now 1.09 is a support. We shall see what will tomorrow bring, but the liquidity is terribly low and the price is highly manipulated now
You're right, the pair reached 1.0900 but couldn't break below that support. Range will likely continue, so we can expect a new move to the upside towards 1.0980 again.