The EUR/USD pair has formed a bearish cypher pattern in the 4-hour pattern.
As per the pattern,the pair is expected to make a downside move till the point.
An inverted hammer has also formed which suggest the pair is facing resistance.
As per our analysis,we expect a short bearish move in the counter.
As per the pattern,the pair is expected to make a downside move till the point.
An inverted hammer has also formed which suggest the pair is facing resistance.
As per our analysis,we expect a short bearish move in the counter.
Trade closed: target reached
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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.