It’s not textbook but a head-and-shoulders pattern on the EUR/USD chart and the break of yesterday’s Asia-Pac lows is a negative signal. I certainly wouldn’t bet on anything below 1.3650 in the day ahead though.
It’s not textbook but a head-and-shoulders pattern on the EUR/USD chart and the break of yesterday’s Asia-Pac lows is a negative signal. I certainly wouldn’t bet on anything below 1.3650 in the day ahead though.