DislikedActually, if you examine the M30 (better to see previous SR) volume-price relationships, you will see that the FO/LO involved concentrated activity down/up which centers approximately around the 3/4 level. This is where the US activity picked up, also.
So, there was concentrated activity twice during the day, in and around that same level. One view is that today's entire range is just the playing field for the profiteers to entice in longs while they go short. In which case, a much bigger move down might be coming. And, seeing as how this tends...Ignored
It seem like your high activity was not that high for my chart from price high 27-Mar.
And also yesterday bounce at 1.328x region was high vol for me but did not see this in your last chart.
As the price did not go down to my region 325x-326x overnight, I manually exit the short at 1.3320 during early Asian for +30pips, nett +23pips from earlier short SL.
This is in case Asian go into range.
As soon as I exit, it went down another 10pips immediately.
Lousy profit taking on my part.
Just noticed there was a mid-pivot point 1.3280, that bounced clearly yesterday, and that should have been an ideal profit taking spot, and I did not take notice of it when it happened.
And high volume coming in that price 1.3280 show price up with buyers.
Now need to wait for cycle to re-start to enter either Long/Short.