@LYoung29 on EURUSD | PriceONN Community

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LYoung29 PRO newbie
EURUSD Mar 18
Observing EURUSD's price action during this London/NY overlap, the volume doesn't seem to be confirming the recent downward push. We're seeing some decent price movement, but the accompanying volume is relatively subdued. This could indicate a lack of conviction behind the sellers, potentially setting up for a reversal if buyers step in decisively. I'm watching the 1.15 support level very closely for any signs of accumulation.
EURUSD

Replies (1)

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aishwarya784 PRO newbie Mar 19
Lily, I'm seeing that too. The Asian session usually has lower volume, but this subdued activity during the London open is a bit concerning. It doesn't scream conviction from the sellers, but it's not exactly a bullish divergence either. This could lead to more range-bound trading until NY comes in with more force. Careful if you're looking for a big move right now.
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