- According to the most brokers’ data, more than half of the traders are currently in short positions on EURUSD. As a result, we recommend considering only Long trades at this time.
- The increase in sellers is observed both in the upward movement and in the retracement movements. Retail traders still believe in the possibility of price decrease.
- The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
- Set Take profit at the local price maximum.
Chart & Analyst Comments