I am analyzing the EUR/USD pair on a 15-minute chart. The pair was trading above the resistance level of 1.07273. I considered a decline in this pair because the resistance was broken without significant buying volume. This was at least strange. There was selling volume, indicating further downward movement. After a decline, there was a pullback with increasing selling volume. I anticipated the pair to move lower towards the support at 1.06506, but it moved higher to previous highs instead. It tested the previous highs and once again we see selling volume, with no significant buying volume. There are sell limits and selling volume present, so I still assume that the pair will decline and most likely move towards the support at 1.06506.
Ulasan: