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11 de Oct. de 2018 0:51

EURUSD Long and Short Plays Largo

Euro Fx/U.S. DollarFXCM

Descripción

EURUSD is undergoing a reversal on the intraday scale, and is sitting right on top of a long term horizontal TL and volume point of control. A break below the bottom two lines would be very significant and would lead to the weekly, and possibly the monthly supports being tested.

I am leaning towards the monthly resistance being tested before the weekly support. This is because of the short term wyckoff accumulation linked below.
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