Euro / Dolar A.S.
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Consecutive bearish daily candles, 1.08 again?

740
Dear traders, EUR/USD has struggled to break the key level
of 1.0970. We are seeing the formation of consecutive bearish
candlesticks on the daily chart.

So, if the resistance level continues to hold, we can expect a
moderate pullback in EUR/USD to 1.08 level.


I will be looking for sell entries in the 1.0960 level if bearish price
action takes place
.
Nota
So far the resistance has not been broken
Nota
Finally EUR is falling, others like AUD and GBP has already declined against the USD
Nota
Below 1.09 which is encouraging for the bears
Nota
I have a pending sell@1.0962 level

Penafian

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