TGIF Traders,
Let’s quickly hit the charts before we hit the road for the weekend.
1. EUR/USD
EUR/USD on the daily chart has a beautiful bearish pin bar. Though not fully formed until 11 pm, we should watch out for it.
If the daily chart closes with the bearish pin-bar, we most likely should be looking out for support level 1.10537 on the 4-hour chart to get broken by the sellers which will encourage price to hit the next support level (1.10169).
That’s all we have for the week ladies and gentlemen.
Join us again next week for another market review.
