Good Morning All !
Based on my zones and divergences EU pair may drop down to its previous low back on November 2nd since we have a lot of uncertainty from the COVID-19 vaccination that was announced @ 7am EST. The Moderna Company has the COVID-19 vaccine at a 94.5 % effectiveness to slow the spread of COVID-19. Based on the setups I believe EU may drop as she also is heading under the MACD line which can signal a sell coming in the future sessions ! London session should be volatile as things slowed down in NYC/Tokyo & Frankfurt sessions as the vaccination news exhausted a lot of movements after 7am EST...
Best of luck ! and please practice proper risk management ! ! !
Based on my zones and divergences EU pair may drop down to its previous low back on November 2nd since we have a lot of uncertainty from the COVID-19 vaccination that was announced @ 7am EST. The Moderna Company has the COVID-19 vaccine at a 94.5 % effectiveness to slow the spread of COVID-19. Based on the setups I believe EU may drop as she also is heading under the MACD line which can signal a sell coming in the future sessions ! London session should be volatile as things slowed down in NYC/Tokyo & Frankfurt sessions as the vaccination news exhausted a lot of movements after 7am EST...
Best of luck ! and please practice proper risk management ! ! !