EU and EJ:
In less than 20 minutes there is a low impact US release. Looking at the EU chart one might think that pricing is waiting for the release.
But look at the EJ chart. It has a similar configuration and no releases are due for many hours.
They both have the look of being sandbagged for a move up. Low Impact or not, the US release my be the "excuse" to start the move....
Warning: Speculation!
In less than 20 minutes there is a low impact US release. Looking at the EU chart one might think that pricing is waiting for the release.
But look at the EJ chart. It has a similar configuration and no releases are due for many hours.
They both have the look of being sandbagged for a move up. Low Impact or not, the US release my be the "excuse" to start the move....
Warning: Speculation!