EURUSD Summary of Dec 17

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EURUSD Summary of Dec 17

Price opened in Asia in a premium. Had no strength to rally. Expanded to the down side to rebalanced a FVG from Monday, fell past the .79 retracement level testing the other highlighted FVG before reversing.

NY news driver at 8:30 saw price react to the up side to the 50% where it consolidated until after lunch coming back down into a discount.

Price has been narrowing its range the last couple days, just seeking FVG from the previous day and previous days equal highs and lows.

Penafian

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