{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/eurusd-winding-up-forex-signals\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/eurusd-winding-up-forex-signals\/","headline":"EURUSD Winding Up | Forex Signals","name":"EURUSD Winding Up | Forex Signals","description":"The EURUSD is winding up on the daily chart in a tight box of\u00a0consolidation. For price to make a move on this pair, either the support or resistance that is holding this pair will have to give way. Price has formed a large bearish two bar reversal hinting at possible lower prices in the coming […]","datePublished":"2013-04-23","dateModified":"2019-08-05","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/04\/urus.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/04\/urus.png","height":"329","width":"602"},"url":"https:\/\/forexschoolonline.com\/eurusd-winding-up-forex-signals\/","about":["Price Action Charts in Focus"],"wordCount":173,"articleBody":"The EURUSD is winding up on the daily chart in a tight box of\u00a0consolidation. For price to make a move on this pair, either the support or resistance that is holding this pair will have to give way. Price has formed a large bearish two bar reversal hinting at possible lower prices in the coming sessions.Until price breaks out either higher or lower the high probability play may be to sit on the sidelines until the market has shown it’s hand and broken out. If price breaks out lower there is plenty of space for price to move into and the next support level comes in around 1.2875.The chart below shows this tight consolidation that\u00a0occurred\u00a0before and after the two bar reversal. The very close support and resistance zones means that the bulls and the bears have a big struggle on to gain control.We will follow this pair as it price breaks out and throws up any new trading\u00a0opportunities. EURUSD DAILY CHART \u00a0| 23 APRIL 2013   "}