The EURUSD pair , while observing the candles i saw a bearish signal of candles. The marked in circle. So Bearish at 1.17991 , stop loss at 1.18193 , Target at 1.17805 . The candles formation and its bearish shows some sense. I would have taken shorting at this level. My first target is 20 pips , 30 pips but it will move down as analyzed. The long green candle and then doji type small green at top shows rejection of further move in upwards direction. The red candle closing shows another bearish sign. The forex market is all about surprises. I am bearish at present , yes ofcourse any huge buying or selling moves from financial institutions , banks , MF houses , etc may impact the movement of EUR/USD . The reason is the USD AND EUR is worldwide traded and exchanged daily and thats the reason for the great volatilities it has over a time. So forcasts are not perfect always. Reversal may occurs.
#EUR/USD##OPINIONLEADER##Signal##trading#
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