- The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
- We see an accumulation of loss buyers above the current price in the right Order Book. This cluster can act as a resistance.
- Price broke through the MVP line and rushed down. We consider this a sign for further EURUSD price decrease.
- The trade is aimed at the previous low breakout. The SLC indicator signals us to set our target at the level where most Stop Losses are placed - 1.0665