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