FX.co ★ berta.hill | EUR/USD

EURUSD M15 The pair is currently rising from the levels of 1.07375. It has reached the resistance at 1.07876. After hitting the resistance, it bounces back and moves towards the support. There was a buying volume near the support. I anticipated that the pair would go higher. It moved up to the resistance at 1.08102. There was a selling volume from the market at this point. A range was formed near the support at 1.07176. As we can see, the pair moved lower, breaking the support with a selling volume present. I expected the pair to go lower, but ultimately, there was an increase, with significant volume. Once again, there is almost no buying volume here after the significant increase in volume. This indicates a potential decrease. Additionally, there is a small selling volume present, further suggesting a decrease. I assume that the pair will move towards the support at 1.07585.