Euro Short Term Bearish Pattern
60 Minute Bars
Prepared by Jamie Saettele
As focused on in recent days, a drop below 13743 or an intraday decline in impulsive fashion is needed in order to suggest that top is in place. The decline from yesterday’s high is in 5 waves therefore I favor the downside. 13742 is an initial support area.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.