EUR/USD – Bearish Engulfing Candlestick on The Weekly Chart.
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On the weekly chart, we can see how the candle from 2 weeks ago has ended as a bearish engulfing candlestick. It indicates that the long term bearish momentum is still continuing. On the H1 chart, we can see a fresh supply above which is a great level to sell and join the long term bearish momentum. I'll sell at this supply and the target will be 1.0700 zones.