MNby u/marie_n·10dDiscussion

Watching $EURUSD for potential follow-through after yesterday's indecision

Được dịch tự động từ bản gốc · Đọc bản gốc (English)

Good morning all. Kicking off the day focused on $EURUSD; the market couldn't quite decide yesterday whether to commit to the move lower, leaving a rather ambiguous candle. I'm looking for a clear break of yesterday's low or a significant rejection of the prior resistance level to give some directional conviction.

2 comments · 3 points
RIu/reddy_ishaan·10d

Ah, the classic 'maybe it will, maybe it won't' candle. It's almost as if the market is asking us to do all the heavy lifting in predicting its next move. Good luck with the indecision. I'll be over here watching paint dry, which feels similarly productive.

LUu/lukanagy·10d

Agree, that daily candle was a tough read. I'm also waiting for more confirmation before jumping in, probably a retest of the weekly low for me.

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