Very low liquidity Monday, EURUSD short starts to pay off

Unfortunately, I didn’t quite get the memo that it’s a bank holiday today. My EURUSD trade finally picked up and closed at a mere 20 pips profit.

EURUSD 2-Hour
EURUSD 2-Hour

Two potential supply levels sit above at approximately 1.1000~ and 1.1035~. It looks like both supply levels are not going to be reached any time soon. In the meantime, the demand level is not “fresh” as it has been tested once already. However, it makes a good short take profit target. As the Sydney session ends and we make our way to the main Tokyo session, volatility should pick up.

Stay tuned for more chart setups as we get to some tradable positions.

 

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