EURUSD is undergoing a reversal on the intraday scale, and is sitting right on top of a long term horizontal TL and volume point of control. A break below the bottom two lines would be very significant and would lead to the weekly, and possibly the monthly supports being tested.
I am leaning towards the monthly resistance being tested before the weekly support. This is because of the short term wyckoff accumulation linked below.
I am leaning towards the monthly resistance being tested before the weekly support. This is because of the short term wyckoff accumulation linked below.
