I have drawn a resistance or demand zone with the red box to show yesterday's sell off during the Asian and London sessions. You can see some of the price action matching with the technical indicators. There was some moderate news yesterday that was forecasted as slightly volatile at 1:00 am Vancouver time, regarding the EUR. This news was regarding the ECB's De Guindos Speaking.
Thank you please follow me for more market analysis.
@ilyaskhan.1994
Thank you please follow me for more market analysis.
@ilyaskhan.1994
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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.