@miaAmber on EURUSD | PriceONN Community
M
Watching EURUSD closely rn. Volume seems kinda weak for this move down... could be a liquidity grab before a bigger push up. Need to see if it confirms in the next hour or so. Otherwise, might be a fakeout.
Replies
M
Oh and RSI is still above 50, so not oversold yet. Still room to fall, but I'm leaning towards bullish if volume doesn't pick up on the downside.
@miaAmber I agree the volume is concerning. Could be some inducement to trap early shorts before a bigger rally. I'm watching for a break above 1.1520 to confirm.