Skip to content

And As A Friendly Reminder, This Is What EUR/USD Did During LTRO1

Home
Price Action Trading Strategy
And As A Friendly Reminder, This Is What EUR/USD Did During LTRO1

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

ParaCurve

Since 2008, ParaCurve (formerly NBT) has been a provider of a wide range of articles geared towards a common sense approach to trading using fundamental market analysis in conjunction with globally identifiable technical levels. Steve is a 21 year trader, having formerly worked as a sell and buy side global macro analyst for several of the largest financial institutions in the world. You can follow us on Twitter or Facebook. Series and support at FXS Analytics.

Follow Our Work

Paracurve X   Paracurve Facebook   Paracurve Instagram   Paracurve LinkedIn

First Time Here?

Check out some of our most popular guides on trading.
Learn a little more about us.
Or follow along to our updates above.

FXS Analytics

A focused, Twitter-like discussion community, 81 lectures and true, 1 on 1 support. This site is an in-deep dive and extension to the content posted here and social media, and where I spend the bulk of my time online. Go to https://fxsanalytics.com for more.