Tuesday April 25, 2017 - 10:19:07 GMT
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Markets are still adjusting to the results of Round one of the French Presidential election over the weekend. There has not been as much price volatility yet as one might expected following the large one shot adjustment in EURUSD.
The EURUSD HOD has been 1.0900, while the LOD is 1.0851. If you look at the attached 5min chart, you will how the 1.0900 (1.0898?) level looks to have been a topside barrier. It might be some option shemes are resting there. Use your AT charts for current support (red) and resistance (blue) levels.
Nearby red support lines have been disappering after the major blue line held. Use these lines to monitor swings in current market momentum.
Our live commentary is updated on the GVI Forum. Refer to your continuously updated Amazing Trader charts for precise Support and Resistance levels as the session wears on. View trading strategies, test ideas, post comments, ask questions, etc. on the GVI Forum. For access contact: email@example.com.
Amazing Trader 5 min chart
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