Euro / U.S. DollarUpdated Doji candlestick pattern in EUR/USD, back to 1.08?
Dear traders, in my yesterday's EURUSD analysis, I recommended selling EURUSD@1.0930
That trade is currently running in profit.
If we look at the daily chart, we can see the formation of a long-legged Doji candlestick
in the daily chart, which indicates indecision. However, as long as price stays below the
1.0930 level, the bias is tilted to the bearish side.
EUR/USD can slide back down to 1.0830 and 1.08 level in the coming days.
That trade is currently running in profit.
If we look at the daily chart, we can see the formation of a long-legged Doji candlestick
in the daily chart, which indicates indecision. However, as long as price stays below the
1.0930 level, the bias is tilted to the bearish side.
EUR/USD can slide back down to 1.0830 and 1.08 level in the coming days.
Note
Price below 1.09 levelNote
Markets are slow today, we will probably see some big moves going into Thursday
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.