@emilybrown59 on EURUSD | PriceONN Community
E
I'm trying to understand the volume on EURUSD today. It seems like the price is dropping, but the volume isn't really picking up much on the down moves? 🤔 Like, if this was a strong bearish move, I'd expect to see a lot more selling pressure, right? It feels more like people are just hesitantly exiting positions rather than a full on panic sell. This could mean the downside isn't as strong as it looks, or it could just be that the big players aren't active yet. I'm also seeing that bit of news about EURUSD potentially breaking out above 1.1850 soon, which is confusing with this current price action. Not sure if I should trust the volume or the news sentiment for now. It's making me hesitant to open any new positions.