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Last hour is a mechanical price control 101 - no un-rigged market will provide that pattern
No, it is a result of a "liquidity providing" HFTs
No, it is a result of a "liquidity providing" HFTs
Soon they are start to make drawings with algos on charts
It seems dollar recovery didn't last, eur/usd manage stay above 1.1400 level, next psychological resistance level could be found at 1.1500.
The EURUSD stays strong, it looks like a trend change is being confirm long term.
The EURUSD stays strong, it looks like a trend change is being confirm long term.
As short pause (or profit taking) under way
We shall see today
EURUSD moved to the upper part of the long term bearish channel . Critical price is 1.15. If it gets broken, we can tell that officially the bearish trend is over
Bulls siting at 1.1350 - if it does not break that level, it will bounce up again
EUR/USD couldn't break above the resistance at 1.1440 and is currently in retracement. That said, I think the rally isn't over yet and the pair will continue testing the resistance until it manages to break above it.
Front runners
Front runners
Profit collecting
Wait till algos turn on now and go way up again