Eur/Usd Market Outlook
Context:
the rallie is still going , however we whitness a shortening of the upward thrust (high to new high)
so we have a lessening of buying pressure towards new high grounds , as a actual result we have a lower high and
price is currently on its way to test the 50% level of the actual upmove
signs of strenght:
strong rallie
severeal broken resistance levels
signs of weakness:
shortening of upward thrust
lower high
the rallie is still going , however we whitness a shortening of the upward thrust (high to new high)
so we have a lessening of buying pressure towards new high grounds , as a actual result we have a lower high and
price is currently on its way to test the 50% level of the actual upmove
signs of strenght:
strong rallie
severeal broken resistance levels
signs of weakness:
shortening of upward thrust
lower high
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