Monday, 7 January 2019

USD/BRL Bearish Reversal Pattern on Edge of Confirmation

USD/BRL looks to be on the verge of completing a bearish Head and Shoulders reversal pattern. Waiting for a daily close below the neckline range to confirm downward momentum might be prudent.


from DailyFX - Feeds all http://bit.ly/2Qv6Rjf
via IFTTT

No comments:

Post a Comment

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...