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Euro / Dollar ASDiupdate

EURUSD - LOOK FOR VOLUME & PRICE ACTION AT RESISTANCE

EURUSD

(FOR LEARNING PURPOSE ONLY)

  • Clearly we can see expanding volume whenever the price moves up & declining volume on down move
  • But in most recent up move (inside channel),price increasing on declining volume
  • Considering the volume pattern,the resistance zone becomes crucial .

  • If price holds on to the resistance and moves down,if volume confirms,price might fall to next support

  • If price breaks the resistance on volume confirmation,bullish trend may continue strongly for next few sessions
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Arun_000
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15mincurrencyEURUSDForexintradaySupport and ResistanceTrend LinesVolumeVSA
Arun_000
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