@dThompson95 on EURUSD | PriceONN Community

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dThompson95 PRO newbie
EURUSD Mar 16
The volume on EURUSD today has been pretty muted during this sideways chop. We saw a small spike on that initial move up towards 1.1520, but it didn't sustain. Now, as price hovers around the middle Bollinger Band, the volume bars are consistently low. This lack of conviction from buyers or sellers suggests we're in a lull before a potential breakout. If we get a decisive move above 1.1530 with increasing volume, that would confirm a bullish continuation. Conversely, a break below the 1.15 support with rising volume would signal a bearish move. Right now, it's just noise, and I'm waiting for a clearer signal before committing.
EURUSD

Replies (1)

D
dwilliams207 PRO newbie Mar 22
@dThompson95 Yeah, the volume's been super dry all week. Makes it hard to place any meaningful trades. Just waiting for Monday to hopefully bring some clearer direction.
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