Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

EURUSD: All Eyes on This Bearish Reversal Pattern

The Eurusd is coming off hard following Wednesday’s relatively hawkish FOMC.

The euro is plunging below the 1.2000 level today, so we’ll have to wait and see where it closes at 5 pm EST.

A weekly close below 1.2000 would likely flip the level to resistance.

Another scenario I’m keeping a close eye on is the potential Bearish Reversal pattern since last August.

The post EURUSD: All Eyes on This Bearish Reversal Pattern appeared first on Daily Price Action.



This post first appeared on Daily Setup Archives | Daily Price Action, please read the originial post: here

Share the post

EURUSD: All Eyes on This Bearish Reversal Pattern

×

Subscribe to Daily Setup Archives | Daily Price Action

Get updates delivered right to your inbox!

Thank you for your subscription

×