Potential EURUSD Weekly Bearish Shark Setup

2017年7月30日

I have spotted a weekly bearish shark on EURUSD that may play out. It would be more likely to complete at the top of the zone around the 1.20000 area. As it is the most traded currency pair, it can be harder to analyze and anticipate its next move, however it has been on a long bullish run and may be approaching a time for a slight pull back before going bullish once again. It is a waiting game, but still looking for longs until shown otherwise.