The EURUSD is getting ready to inch lower as it failed to break above 1.1111.
Once the price dip lower, a bullish bat will be completed.
There is a good chance for the price to rebound stronger near the previous low of 1.1026.
And based on past pattern, EURUSD is likely to rebound higher again before it's able to break new low again.
Once the price dip lower, a bullish bat will be completed.
There is a good chance for the price to rebound stronger near the previous low of 1.1026.
And based on past pattern, EURUSD is likely to rebound higher again before it's able to break new low again.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.