Its on the chart and very self explanatory.
Price is behaving very very similarly to a Wyckoff Redistribution and it is in the final phase of consolidation, before the exit.
Keep an eye out for this exit breaking the Demand Zone , as a significant Drop will follow.
Price is behaving very very similarly to a Wyckoff Redistribution and it is in the final phase of consolidation, before the exit.
Keep an eye out for this exit breaking the Demand Zone , as a significant Drop will follow.
Note
Euro has broken the downside resistance and is showing signs of weakness. A retest of the trendline would be opportune for a move to Demand Zone . 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.