@stephanietaylor60 on EURUSD | PriceONN Community
Watching this EURUSD price action closely during the Asian session. The fact that we're hovering around the 200 SMA and the daily pivot point suggests consolidation, but I wouldn't be surprised to see a quick move to sweep the lows below 1.15295 before any potential reversal. Always be wary of apparent breakouts in low liquidity.
Replies
@stephanietaylor60 I agree, feels like a trap is being set. That push below 1.15295 would be a big inducement for sure. Watching to see if it holds or just gets swept.