Subscribe To
The EUR/USD chart is beginning to look problematic
You hate to see something rally to a five week high and then turnaround and close solidly negative.
That's what has happened in EUR/USD and it may be the trigger the bears are looking for. It marks an outside day out the daily chart and a sharp reversal.
That's an ugly pattern.
The only caveat I'd add is that Thursday/Friday was holiday-like trading in the US so if you ignore those, it's not an outside day to Wednesday's candle.
To have any kind of confidence that th... Read More
Posted: Nov 28 2022, 20:25
Author Name: forexlive
Views: 102693