EUR/USD Bearish Around 1.13816 as Levels Matter
Research preview
EUR/USD Hourly, Daily And Weekly Candle Charts EUR/USD is trading near 1.13806 against the daily pivot at 1.13814, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. EUR/USD H1 candlestick chartAcross the hourly tape with price near 1.13806 favours caution on longs until the structure improves. The useful evidence is sellers closed the latest candle below its open inside a 1.13805-1.13969 candle range, the recent sequence is still leaning lower, while price remains below pivot 1.13814. A better signal would be the next hourly close should either defend the reaction zone or expose a false start; Around the decision zone, a...
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