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Lower volume rejection / retest : EURUSD

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#EUR/USD# Lower volume rejection / retest : EURUSD

At current chart setup price is facing rejection / sideways movement in daily chart near resistance ,

Analysing last daily candle close we can notice near about same candle body size with lower amount of volume than previous candle , suggesting that bearish pressure is mounting , however current setup is not considered a confirmation of sell ,

We will be monitoring price action on coming days and unless there is confirmed bullish breakout accompanied by rise in volume we remain bearish in EURUSD for next week , look for potential sell setup on rise or if price break below short term supports in 1 /4hr charts.

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