Analysing Forex from The Market side & perspective.
EURUSD stopped out seller positions at 1.0905 and this is the only trader positions in this level area. No buyers and no sellers means no trading volumes for The Market to move. This uptrend of 80 pips might not last long and The Market is more likely to form a sideway to attract more traders to open positions. An empty zone are expected after a pullback and we wait for The Market next move for now.
EURUSD stopped out seller positions at 1.0905 and this is the only trader positions in this level area. No buyers and no sellers means no trading volumes for The Market to move. This uptrend of 80 pips might not last long and The Market is more likely to form a sideway to attract more traders to open positions. An empty zone are expected after a pullback and we wait for The Market next move for now.
