EURUSD: ⬇️ Sell
– EURUSD reversed from the resistance zone
– Likely to fall to support level 1.1350
EURUSD currency pair recently reversed down from the resistance zone located between the key resistance level 1.1475 (which has been reversing the price from the start of April) and the upper daily Bollinger Band.
The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Shooting Star,
Given the overbought daily Stochastic, EURUSD currency pair can be expected to fall to the next support level 1.1350.
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