Retrace is On For EURUSD

Selling started close to the top and UMVD is showing red for selling pressure.
TrapZone is strong and wide so Upward trend may resume.
I believe we will poke below the support area before rising higher.

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Trade what you see, Not what you think. You see selling, you do what :)

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Red UMVD keeps pulling its weight

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Sellers are still playing ball

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Buyers supporting the price still. Lets see if we can get above and draw green trapzones

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Not Much Has Changed

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Now Still sideways with Selling Pressure. Lets see if Prices can hold this level or not.

Trade geschlossen: Ziel wurde erreicht:

Will start a Neutral Bias Thread for continuous analysis of this symbol - rather than long and short Ideas. Thank you for your support, follow to get live alerts of latest Technical Analysis.