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Market makers stepped out, that is why
Or they made the whole thing in their favor
On the upside, the pair seems have lost it's strength and downside movement seems limited above 1.1100 level.
On the upside, the pair seems have lost it's strength and downside movement seems limited above 1.1100 level.
It is back to ranging - again. Till the next break
It is back to ranging - again. Till the next break
Now it all depends on Yellen speech. And since she is going to be the usual dovish : eurousd will go up again
Quiet day for the pair, still ranging around 1.1120 zone.
The pair reached the support at 1.1086, formed a hammer candlestick on the one-hour time frame and started moving to the upside again. It's currently testing the resistance at 1.1140 and a breakout above that level would mean that it will likely continue climbing towards 1.1180 - 1.1200.
EURUSD is in ranging period again. We are back to previous couple of weeks regarding "trend"
We shall see what will happen after Yellen
I guess : breaking the 1.12 level up
On the upside, the pair lack of strength to go above 1.1200 handle, and with limitation on the downside too Eur/Usd is still directionless.
On the upside, the pair lack of strength to go above 1.1200 handle, and with limitation on the downside too Eur/Usd is still directionless.
It continues the same as a couple of weeks before - directionless and then a big change