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This whole session feels like a trap. They push it down just enough to shake out the weak hands, then what? A sudden reversal on no news? It's the same old manipulation playbook. I swear the algorithms are designed to catch every stop loss. Just watch, they'll probably spike it above R1 now.
Hey @EllaKing, I get what you mean about the manipulation feel. It's definitely choppy today, and that RSI at 72 is screaming overbought to me. However, with the dollar showing some weakness from that inflation headline this morning, it could be that EURUSD is just riding that wave higher, even if it looks a bit overextended technically. I'm watching the 1.1522 R1 level closely; if it breaks with volume, it might be smart money pushing through. But yeah, always gotta be wary of those late session spikes designed to catch us out.
