Analysing Forex from The Market side & perspective.
EURUSD finally stopped out seller positions at 1.0987 and made a final uptrend move of 60 pips. This move leaves an empty zone that needs to be filled soon. The Market is right now at the highest level since April and it is looking for a new level for The Sellers to open positions. Here is a prediction for the next move of The Market. The Market will go up until it find a new level for The Sellers and then go back down to fill the empty zone.
EURUSD finally stopped out seller positions at 1.0987 and made a final uptrend move of 60 pips. This move leaves an empty zone that needs to be filled soon. The Market is right now at the highest level since April and it is looking for a new level for The Sellers to open positions. Here is a prediction for the next move of The Market. The Market will go up until it find a new level for The Sellers and then go back down to fill the empty zone.
