So if you look at today's profile, the volume seems to be in the upper part. Right now we are in the area of the previous consolidation. To me it looks like a STOPLOSS hunt, just to get liquidity and get all the retail traders in the short positions, so the may take it higher now.
Here is my idea on how the EUR/USD may continue.
At first We might go up and retest the POC which coresponds with the 0.382% fibo. They would do a stoploss hunt there and after that the market may finally be heading south. What do you guys think?
