August 19, 2019 : EUR/USD Intraday technical analysis and trade recommendations.

Back in June 24, the EURUSD looked overbought around 1.1400 facing a confluence of supply levels. In the period between 8 – 22 July, sideway consolidation-range was established between 1.1200 – 1.1275 until a triple-top reversal pattern was demonstrated around the upper limit. Shortly after, evident bearish momentum (bearish engulfing H4 candlestick) could bring the […]