RaynLim

EURUSD-Weekly Market Analysis-May22,Wk2

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD has a Bearish Shark Pattern, the first target has been reached. Counter-Trend Traders could wait for a counter-trend trading opportunity, like Double Bottom with RSI Divergence to engage the trade.

The earliest you can wait for a buying opportunity is at 1.0537. Target1 will be the retest of the Shark Pattern, which is 1.0588.

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