@angusharris22 on EURUSD | PriceONN Community

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angusharris22 PRO newbie
EURUSD Mar 16
Watching the volume on EURUSD closely this session. It's not exactly screaming 'momentum' right now, kinda choppy. We saw some decent spikes earlier during the London close, but it seems to be tapering off as NY gets going. The price is hovering around that 1.15 pivot, and volume isn't really helping decide if it wants to break through or pull back. If we don't see volume pick up on a move towards R1, I'd be wary of a liquidity grab and potential reversal. It feels a bit like the market is waiting for something, maybe that energy cost news to really influence the ECB's stance, which could then give us a clearer directional bias. Without that catalyst, it's just noise for now.
EURUSD

Replies (1)

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daniel8247 PRO newbie Mar 22
Yeah, volume was pathetic Friday @angusharris22. Price is just stuck. If that DXY weakness persists, we should see a breakout above the R1 pivot next week.
EURUSD 1.16121 -0.16%
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USDJPY 159.85850 -0.01%
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XAGUSD 73.18 -2.56%
BTCUSD 64,167 -5.06%
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