Intraday technicity – EURUSD

Intraday technicity – I use this word even it is not grammatically correct :). Intraday technicity is what makes the most sense to me and has the biggest impact on my day to day trading. What I mean by that? Today was a great example of that with EURUSD holding it's key 3080 level.  The level itself was tested several times to the PIP and every time it got broken, it was broken strongly. What it means is that below and above this level are piles of orders getting ready to be executed. The more the level is tested precisely with FLIPS as well (flip is a word I am using for the situation when support becomes resistance and vice versa) the more orders are being piled up around this level which is eventually leading to the explosive move when the level is broken strongly. Great opportunity to take few R's from the market. Top play in my book.