EURUSD 1st day of rising level completed, and 1st level of consolidation as well.
Price will continue to rise during the week until Thursday or Friday. Price shouldn't go lower than 1.05000 since the price already passed the monthly support, and is heading to the weekly resistance at 1.07500.
Price will continue to rise during the week until Thursday or Friday. Price shouldn't go lower than 1.05000 since the price already passed the monthly support, and is heading to the weekly resistance at 1.07500.
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The market maker is holding orders going short, and then waiting for the ECB deposit rate decision to hit stop losses and make the price rise.
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