$EURUSD about ready for a short | Technical Analysis / Market Report Update #3, May 19 2017
Words
56
Reading
1 min
Listen
Play
9y
$EURUSD about ready for a short
The currency pair $EURUSD is about entering completion of the harmonic Bearish Bat pattern.
The P(otential) R(eversal) Z(one) is at 1.1189.
Divergences are building. Look for the moving average to start falling over.
With a short the following targets are to be observed:
Target 1: 1.0666
Target 2: 1.0666