- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- Price broke through the MVP line and rushed up. We consider this a sign for further EURUSD price increase.
- We are seeing an increase in Sell positions by market crowd, who are replenishing an already large number of "locked up" losing Sell positions.
- These accumulation of retail traders stop losses coincide with the level of the previous high. This level will serve as the target for our trade.
Chart & Analyst Comments
