kaiserace13

EURUSD fake breakout, now what?

FX:EURUSD   Euro / U.S. Dollar
0
Yesterday breakout after ECB announcement seems to be a fake breakout. The daily candle creating a long "foot". Learn from the history, if there is a long "foot" like this, it's the sign of reversal. The price now is above MA 200 but below EMA 21. I guess, it's wait and see time now.
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