EUR/USD - week 22/03 - 26/03 Up and down we go

22 Mar 2021

My algorithm tells me we will be fooled into this up and down movements.

23 Mar 2021

Not

There's still room to go down and touch 1.179-1.18 level (until the DXY touches the 200 EMA at the 4-hour timeframe)

24 Mar 2021

İşlem kapandı: hedefe ulaştı

The market seems to be in no man's land, it's a do or die kind of thing, there will be business climate info in Germany, pay close attention to it because that will determine how this is going to play out tomorrow, i wouldn't be surprised to see a move up to 1.194-1.195 then a move down to grab more liquitidy before any major pump