Short

EUR/USD Could Resume Downtrend

A three-candle line pattern that looks close to the Stick Sandwich is spotted on the EUR/USD daily chart. According to Bulkowski's chart patterns, "The candlestick is supposed to act as a bullish reversal in theory, but actually performs as a bearish continuation most often." Since the overall trend is still downward, I would go for a bearish setup.

avis06

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