In Price Action Trading Strategy

Here's what happened to EUR/USD during LTRO1:

-50 pip initial spike, seeing resistance at 00 + resistance confluence zone.

-the 172 pip fade lasting the rest of the session, bottoming out at 76-78% of the last leg.

While similar, things NEVER happen the same way and we are dealing with a different animal today. Just pointing out the obvious here.

LTRO 1 Effect on EURUSD

ParaCurve is free and has been since 2008. Help us out and rate our content!

Comments

Leave a Reply

Start typing and press Enter to search