themarketzone

Weekly Pinbar pattern confirms resistance near the 200 weeks MA

Short
FX:EURUSD   Euro / U.S. Dollar
For the last few weeks I've been talking about a weekly resistance zone in EURUSD - 1.17-1.19.
Last week, on Friday, EURUSD finally reacted to this price zone.
A weekly Pinbar and a potential weekly false breakout on a weekly time frame.
This can turn to be a weekly reversal pattern if we will see continuation move this week.

1.14-1.15 is the weekly target zone

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