EUR pairs are losing value as brexit news came out this week and like every other brexit week. Price goes down
Earlier this week we saw a big bearish push on all EUR pairs. EJ specifically broke through the 129.000 price threshold finally after a few weeks of trying to push through it.
The last daily candle was a massive bearish engulfing candle that rejected off of a strong H4 structure point and that is why we see the bullish push currently. We currently have strong JPY news coming out at 2:30Am eastern time so we are preparing for a push up followed by a massive push towards the downside.
To many confirmations to otherwise think it wouldn't go down
Earlier this week we saw a big bearish push on all EUR pairs. EJ specifically broke through the 129.000 price threshold finally after a few weeks of trying to push through it.
The last daily candle was a massive bearish engulfing candle that rejected off of a strong H4 structure point and that is why we see the bullish push currently. We currently have strong JPY news coming out at 2:30Am eastern time so we are preparing for a push up followed by a massive push towards the downside.
To many confirmations to otherwise think it wouldn't go down