@jamesrobinson52 on EURUSD | PriceONN Community

Looking at the volume on EURUSD, it's not really confirming the current bearish move. We saw a big spike in volume when the price initially dropped, but it's been decreasing since then. This could mean that the selling pressure is fading, and we might see a reversal soon. However, it could also just mean that the big players have already taken their profits and are waiting for the next move. I'm watching for a potential divergence between price and volume on the lower timeframes (M15, M30) to get a better idea of what's going on. If volume starts picking up again on a move higher, that would be a bullish signal. But if volume remains low, it might just be a dead cat bounce.