EUR/USD for August 19,2019 – Down reversal candle on weekly time-frame
Weekly view: Based on the weekly time-frame, I found that key resistance at the price of 1.1226 held last week and that we got strong rejection of the middle Bollinger band (20SMA), which is good sign for further downside. Additionally, there is reversal bearish engulfing candle, which is another confirmation of the weakness. 4H time-frame […]