EUR/USD: lacks liquidity for now. Waiting for a pump

Due to the fact that it is Easter and all major banks are closed today, the market has low liquidity and it is moving slow. Our bias and idea remain the same. We are expecting for the price to bounce off the current zone of support and grow till the zone of resistance that lines up with 50% Fibonacci retracement level. Once the market starts picking up some pace, we will be looking forward to executing this trade.

Happy Easter and happy new trading week, everyone!