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EURUSD Preparing To Reverse Towards 1.1180?

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EURUSD pair after stopping out many including us, finally looking to reverse after printing 1.2537 highs yesterday. Still a reversal pattern needs to be confirmed on Daily Chart but the pin bar can be considered a potential reversal at least. 5 waves rally might have completed from 1.0350 levels. Selling on rallies ahead of 1.2537 levels, remain a favored trading strategy.

Good luck!

Dagangan aktif

The EURUSD looks like carving an A-B-C correction. Wave B is looking to terminate now and if the above count holds true, wave C should resume lower. Shall take a review soon.

Happy Trading

harshjapee

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