EURUSD daily chart
is showing a very obvious Pinbar
chart pattern on chart. The other name is the Pinocchio bar pattern which is named because of the long NOSE on top, left green candlestick
(left eye) & current red candlestick
(right eye)-- price action
is very reliable that BEARS or Puts own this market at this time.
pair might be in a downward price action
for rest of this month (May), which USD in it's weaken state, which causes the EUR to be the stronger of this pair at this time.
*Remember: Price action
patterns & money management is priority when trading binary options.