EURUSD turned lower after spiking above the important 9/10 high. As mentioned yesterday, my ‘favored’ view is that action since the September low is a B wave. Focus is lower in wave C towards 1.1495 (2 equal legs down would be 1.1510). Also, an 8 hour volume reversal triggered today (see scandex.com/2020/11/market-update-11-9-important-stock-market-signal/). These have been reliable in recent years.
Director of Technical Research at Krilogy, author Sentiment in the Forex Market
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
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.
Director of Technical Research at Krilogy, author Sentiment in the Forex Market
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
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.