EURUSD-Weekly Market Analysis-Mar20,Wk1
2020-03-01 23:15:41
It is still a bearish trend on the EURUSD on both the Daily chart and 4-hourly chart. However, with such a strong retracement(bullish on the daily) I am looking for a buying opportunity.
On the 1-hourly chart, there is a bullish bat, but on this formation point C touches A which may create a strong downwards movement. A candle confirmation is necessary before I consider to buy this pair.