- Daily chart of EURUSD shows a bearish engulfing pattern.
- Price in hour chart is trading below the cloud. Indicating a sell on rise price action.
- Price is testing its 200 Hour moving average. Trend will completely turn bearish if price sustains below 200 Hour moving average.
- Staying above 1.4330 level may give an up move for the pair.
No comments:
Post a Comment