Market is filling in thin areas of profile – action seems to be capped by high volume zones for now.
Watching 1615/20 and 1650/53 – the 2 areas from the shifting developing value line that I was looking at on 28th May:
The ESM13 (June) 1656 area is ESU13 (September) 1650 now – The most traded prices on adjusted levels are 1620 and 1650.
The balance I am using is from the break and hold above 1600. Value Areas are marked at 1615/1653.5.
Haven’t seen the Euro going this direction in the summer for a few years. In similar style to ES, EUR is filling in volume vacuum areas that it trended through in the past.