💠 EURUSD: Will there be a test of the balance 05-09.04.2021?

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The bullish outperformance continues to melt away. According to new CoT reports, last week's buyers' preponderance has decreased by 18%.
The 1% increase in market volume suggests the true nature of the decline in the medium term.
⚠️ The nearest resistance level within the week is the option week balance level (1.1807).
✅ In case of successful test of the mentioned resistance, we expect decline towards the weekly hedge support zone, which is strengthened by growth of $219 million upside positions.
Further downside target is the market maker's loss level (1.1627).
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Zlecenie aktywne
🌐 EURUSD: expect retest of the week balance
🌐 EURUSD: Expect retest of the balance of the week

The nearest support level for today is the option balance of the day (1.1753).
⚠️ In case of successful test of the mentioned support we expect increase with the nearest target - the balance of the week (1.1807), near which the limit seller is positioned.
In case of breakdown and fixation below the balance of the day (1.1753), we expect decline to the level of the limit buyer (1.1703).
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✍️ EURUSD: Broke the balance, will we go higher?
✍️ EURUSD: broken balance, will we go higher?

🌐 Over the past 24 hours at the close of trading on the Chicago Mercantile Exchange, the Euro closed just above the balance of the week (1.1803).
Today during the day expect to test the balance of the day (1.1797).
📌 In case of the rebound from the support and in case of the formation of the pattern to buy, we expect the continuation of the rise with the limit seller (1.1855) as a guideline.
Zlecenie aktywne
🔝 EURUSD: when will the upside end?
🔝 EURUSD: when will the upside end?

♻️ In case of a successful test of the upper boundary of the day's option balance zone (1.1871) we expect a decline during the European session to the level of the lower boundary of the said zone (1.1844).
The subsequent support for Wednesday, April 7, is the level of the limit buyer (1.1826).
☝🏻 The main scenario for the second half of the day is the suspension of the decline in the mentioned range (1.1844-1.1826) and the subsequent rise with the maximum target, the limit seller at 1.1926.
Zlecenie aktywne
🔜 EURUSD: balance of the week dynamically higher
🔜 EURUSD: balance of the week dynamically higher

🚫 The nearest support level for today is the current balance of the week level (1.1853).
💪🏻 The main scenario is a rebound from the indicated option support level (1.1853) and continued upside within the week.
📆 The nearest medium-term growth benchmark is the 173m downside level at 1.1955.
Zlecenie aktywne
💰 EURUSD: upside target is a cluster of sell orders
💰 EURUSD: upside target is a cluster of sell orders

⚙️ Large market participants have placed significant sell orders at the 1.1955 price point with a total volume of 309m.
The nearest support level for today is a limit buyer at 1.1871.
🎁 In case of formation of buying pattern near the mentioned support we expect upward impulse with probable breakdown of the balance of the day (1.1918) and further reaching the previously mentioned 1.1955 mark.
EURUSDTrend Analysis

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