DislikedBoring price action, news made me exit with only five pips profit a long I had. The market may search for higher and there are some points to consider: For bulls: Be cautious of a significant bearish candle, as it could signal a potential reversal in the current weak uptrend. Monitor the price action and sentiment closely to determine if the uptrend remains intact or if a downtrend may begin. Watch for key support levels to hold, if they break, it may indicate that bears are gaining control, and the uptrend could weaken further. For bears: Holding...Ignored
It's a pink-pong battle but 1.072 seems to have broken & held. I think they are trying to find the current true MV ( Markey Value) of the EUR. 1.074 is up next if 1.072 holds. Can still slip away from bulls at any moment. So far everything has played out as I analysed, just much slower ( due to both EUR & USD sentiment)
"You Haven't Won Or Lost Until You Close The Trade."
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