Daily Chart of the EUR/USD Pair Futures Locked in Trading Range
The market is still trading between a near-term resistance zone and the support zone. The RSI readings have formed a pivot low above 38, and that sets the market into a trading range. I will still watch for the RSI to close below the trend line plotted along the RSI support points. If it does, then that indicates downside momentum is returning.
The Constant Volume Bar chart is set to 1,000 contracts with the CQG SnapTrader shows the support and resistance zones.
The morning look at the TradeFlow Chart for the EURUSD has the both studies set to a five-bar running sum with the CQG ChartTrader. Traders have been hitting bids based on the sell volume line (red) dominating the buy volume line (green) of the TFVCrss study.