FX.co ★ TST as the Foundation for Medium-term Trading
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TST as the Foundation for Medium-term Trading
EURUSD So, what do we have in summary? Another attempt to play the markets. Knowing the outcome of our statements in advance, we can anticipate the market's reaction. It's almost like insider information in its pure form. Today, the levels were released without the mandatory euro zone, and the opening happened below the balance. However, right after the news came out, the price went up and broke above the Value Area High. Since the balance was already worked out from the beginning of the day, there is nothing left to do at the balance, and after a correction, the price can continue moving upwards. Of course, this is if there are no conflicting messages in the near future. Overall, the rest of the week could unfold under this sign.