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Fisher_Fx
9 aug 2020 13:45

EURUSD: Potential SHORT Waiting for confirmation 

EUR/USDOANDA

Beskrivning

The price for EURUSD is currently at a weekly resistance level.
Also, there is a weekly Doji candle close which
shows that there is indecision in the market now (upward momentum could be dying down).

Currently the price is still bullish on the 4-hour timeframe but it is already showing signs of weakness.
The SHORT confirmation would be for the price to close below the wedge like pattern.
Mer