The pair has just retested the 4hr supply 2hrs after NY session opens. Many buyers joined the bulls at NY session and then suddenly become exhausted and trying to hold but others exited early and others who holds their buy position were stopped out. For today, i will be expecting a trade within this range and watch for another supply that will be created at the end of Us session then perhaps another breakout and move to the downside will prevail.
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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.