Pressure is building in the technicals for the EUR/USD pair.
We can see a confluence between the ATR (Average True Range) which measures volatility and the RSI (Relative Strength Index) which maps overbought or oversold sentiment.
As this pressure develops we can see how the original Support & Resistance levels have condensed to form higher lows and lower highs. Coupled with increased momentum and the US playing it's war cards on the table, we may see a dramatic move in a very small period of time.
Keep EUR/USD in your watchlist and always look for the bigger trend on the D1.
"The Trend is Your Friend"
executivesignals
We can see a confluence between the ATR (Average True Range) which measures volatility and the RSI (Relative Strength Index) which maps overbought or oversold sentiment.
As this pressure develops we can see how the original Support & Resistance levels have condensed to form higher lows and lower highs. Coupled with increased momentum and the US playing it's war cards on the table, we may see a dramatic move in a very small period of time.
Keep EUR/USD in your watchlist and always look for the bigger trend on the D1.
"The Trend is Your Friend"
executivesignals