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Forex pairs in this Article » EUR/USD
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Talking Points

  • A Bearish Engulfing candle pattern hinted at weakness ahead and we entered short
  • Support is in at 1.3688 (23.6% Fib ret.); below that targets 1.3650 (rising trend line)
  • Near-term resistance is in the 1.3800-31 area (October 25 closing and swing highs)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_eur-usd_body_Picture_12.png, Forex: EUR/USD Technical Analysis – Double Top in Place?Daily Chart - Created Using FXCM Marketscope 2.0

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