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FX.co ★ The EUR/USD Price Movement For May 19 2020.

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Forex Analysis:::2020-05-19T04:07:12

The EUR/USD Price Movement For May 19 2020.

The EUR/USD Price Movement For May 19 2020.

Having touched the Daily Fair Value Gap (Magenta Rectangle) on the 4-hour chart, the Fiber is now trying to go down to the area of 1.0858-1.0850 before the price goes up again (for the purpose to fill the Liquidity Void bellow the current price). As long as EUR/USD does not rebound and closes above 1.0925-1.0927, this scenario is still running.

(Disclaimer)

Analyst InstaForex
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