I completely agree with you; I'm waiting for that level as well.
Of course, I'm also considering the opposite bounce where I'm then looking for the price to push up to 1.5960ish.
Of course, I'm also considering the opposite bounce where I'm then looking for the price to push up to 1.5960ish.
DislikedI Was just looking at eur/usd on hourly and my mind is just screaming to short that euro on a move below 1.5875. Is it just my me trying to materialize some sort of a well-known price action pattern, or euro just bumped its head against some heavy selling pressure and heading down towards 1.5700-50. What do you thing Thread ?
-fxJIgnored